AppHarvest, Inc.

OTCPK:APPH.Q Stock Report

Market Cap: US$155.1k

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 ration/a
CashUS$50.02m
EquityUS$268.74m
Total liabilitiesUS$341.06m
Total assetsUS$609.80m

Recent financial health updates

Recent updates

AppHarvest: The Fourth Agricultural Revolution And The Future Of Food

Aug 11

These Analysts Just Made A Significant Downgrade To Their AppHarvest, Inc. (NASDAQ:APPH) EPS Forecasts

Aug 08
These Analysts Just Made A Significant Downgrade To Their AppHarvest, Inc. (NASDAQ:APPH) EPS Forecasts

AppHarvest GAAP EPS of -$0.28 beats by $0.01, revenue of $4.36M misses by $1.74M

Aug 03

AppHarvest: The Appalachian Agricultural Revolution Soldiers On

Jun 22

U.S. Agriculture Not A Free Market - AppHarvest CEO Jonathan Webb

Jun 07

AppHarvest, Inc. (NASDAQ:APPH) Just Reported Earnings, And Analysts Cut Their Target Price

May 06
AppHarvest, Inc. (NASDAQ:APPH) Just Reported Earnings, And Analysts Cut Their Target Price

AppHarvest: What To Look For In The Next Pullback

Apr 10

AppHarvest: New Facilities In 2022 And Agricultural Science Could Make The Stock Price Run

Mar 09

AppHarvest: The Future Of Human Farming Calls

Dec 21

AppHarvest: The Collapse Looks Like It's Starting To Wilt

Nov 23

AppHarvest's Garden Dream Turns Into An Operational Nightmare

Oct 14

AppHarvest: Long-Term Opportunity Is Still Present

Aug 16

AppHarvest: Management Estimates Vs. The Market

Jul 28

AppHarvest: Firing On All Cylinders

Jul 12

AppHarvest completes deal with Rabo AgriFinance to secure $75 million

Jun 16

AppHarvest: The Best Agtech Company To Buy And Hold For The Next 5 Years

Jun 01

Financial 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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/12/07 01:48
End of Day Share Price 2023/12/05 00:00
Earnings2023/03/31
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

AppHarvest, Inc. is covered by 3 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin TheurerBarclays
Colin RuschOppenheimer & Co. Inc.
Jeffrey OsborneTD Cowen