AB International Group Balance Sheet Health
Financial Health criteria checks 2/6
AB International Group has a total shareholder equity of $505.5K and total debt of $319.6K, which brings its debt-to-equity ratio to 63.2%. Its total assets and total liabilities are $1.8M and $1.3M respectively.
Key information
63.2%
Debt to equity ratio
US$319.55k
Debt
Interest coverage ratio | n/a |
Cash | US$33.67k |
Equity | US$505.45k |
Total liabilities | US$1.28m |
Total assets | US$1.79m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABQQ's short term assets ($63.7K) do not cover its short term liabilities ($798.6K).
Long Term Liabilities: ABQQ's short term assets ($63.7K) do not cover its long term liabilities ($485.7K).
Debt to Equity History and Analysis
Debt Level: ABQQ's net debt to equity ratio (56.6%) is considered high.
Reducing Debt: ABQQ's debt to equity ratio has increased from 0.2% to 63.2% 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: Whilst unprofitable ABQQ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ABQQ is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 5.6% per year.