This company has been acquired
Akili Balance Sheet Health
Financial Health criteria checks 5/6
Akili has a total shareholder equity of $50.2M and total debt of $11.3M, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are $67.4M and $17.2M respectively.
Key information
22.5%
Debt to equity ratio
US$11.29m
Debt
Interest coverage ratio | n/a |
Cash | US$63.16m |
Equity | US$50.21m |
Total liabilities | US$17.16m |
Total assets | US$67.37m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AKLI's short term assets ($65.0M) exceed its short term liabilities ($11.2M).
Long Term Liabilities: AKLI's short term assets ($65.0M) exceed its long term liabilities ($5.9M).
Debt to Equity History and Analysis
Debt Level: AKLI has more cash than its total debt.
Reducing Debt: Insufficient data to determine if AKLI'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: AKLI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AKLI has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 16.2% each year.