AppHarvest Balance Sheet Health
Financial Health criteria checks 1/6
AppHarvest has a total shareholder equity of $268.7M and total debt of $182.5M, which brings its debt-to-equity ratio to 67.9%. Its total assets and total liabilities are $609.8M and $341.1M respectively.
Key information
67.9%
Debt to equity ratio
US$182.50m
Debt
| Interest coverage ratio | n/a |
| Cash | US$50.02m |
| Equity | US$268.74m |
| Total liabilities | US$341.06m |
| Total assets | US$609.80m |
Recent financial health updates
Recent updates
AppHarvest: The Fourth Agricultural Revolution And The Future Of Food
Aug 11These Analysts Just Made A Significant Downgrade To Their AppHarvest, Inc. (NASDAQ:APPH) EPS Forecasts
Aug 08
AppHarvest GAAP EPS of -$0.28 beats by $0.01, revenue of $4.36M misses by $1.74M
Aug 03AppHarvest: The Appalachian Agricultural Revolution Soldiers On
Jun 22U.S. Agriculture Not A Free Market - AppHarvest CEO Jonathan Webb
Jun 07AppHarvest, Inc. (NASDAQ:APPH) Just Reported Earnings, And Analysts Cut Their Target Price
May 06AppHarvest: What To Look For In The Next Pullback
Apr 10AppHarvest: New Facilities In 2022 And Agricultural Science Could Make The Stock Price Run
Mar 09AppHarvest: The Future Of Human Farming Calls
Dec 21AppHarvest: The Collapse Looks Like It's Starting To Wilt
Nov 23AppHarvest's Garden Dream Turns Into An Operational Nightmare
Oct 14AppHarvest: Long-Term Opportunity Is Still Present
Aug 16AppHarvest: Management Estimates Vs. The Market
Jul 28AppHarvest: Firing On All Cylinders
Jul 12AppHarvest completes deal with Rabo AgriFinance to secure $75 million
Jun 16AppHarvest: The Best Agtech Company To Buy And Hold For The Next 5 Years
Jun 01Financial Position Analysis
Short Term Liabilities: APPH.Q's short term assets ($110.6M) exceed its short term liabilities ($49.2M).
Long Term Liabilities: APPH.Q's short term assets ($110.6M) do not cover its long term liabilities ($291.9M).
Debt to Equity History and Analysis
Debt Level: APPH.Q's net debt to equity ratio (49.3%) is considered high.
Reducing Debt: Insufficient data to determine if APPH.Q's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: APPH.Q has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: APPH.Q has less than a year of cash runway if free cash flow continues to reduce at historical rates of 52.6% each year