Akso Health Group Balance Sheet Health
Financial Health criteria checks 5/6
Akso Health Group has a total shareholder equity of $5.3M and total debt of $10.0M, which brings its debt-to-equity ratio to 188.2%. Its total assets and total liabilities are $16.9M and $11.5M respectively.
Key information
188.2%
Debt to equity ratio
US$10.04m
Debt
Interest coverage ratio | n/a |
Cash | US$9.26m |
Equity | US$5.33m |
Total liabilities | US$11.55m |
Total assets | US$16.88m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AHG's short term assets ($16.9M) exceed its short term liabilities ($11.5M).
Long Term Liabilities: AHG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AHG's net debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: AHG's debt to equity ratio has increased from 0% to 188.2% 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: AHG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: AHG has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 41.6% each year