Akso Health Group Balance Sheet Health
Financial Health criteria checks 6/6
Akso Health Group has a total shareholder equity of $138.4M and total debt of $2.0M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are $142.0M and $3.6M respectively.
Key information
1.4%
Debt to equity ratio
US$2.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$85.17m |
| Equity | US$138.42m |
| Total liabilities | US$3.59m |
| Total assets | US$142.02m |
Financial Position Analysis
Short Term Liabilities: AHG's short term assets ($142.0M) exceed its short term liabilities ($3.6M).
Long Term Liabilities: AHG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AHG has more cash than its total debt.
Reducing Debt: AHG's debt to equity ratio has reduced from 15.8% to 1.4% 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: Whilst unprofitable AHG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AHG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 38.5% per year.