Affimed Balance Sheet Health

Financial Health criteria checks 3/6

Affimed has a total shareholder equity of €57.8M and total debt of €12.2M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are €97.2M and €39.4M respectively.

Key information

21.0%

Debt to equity ratio

€12.15m

Debt

Interest coverage ration/a
Cash€38.53m
Equity€57.81m
Total liabilities€39.35m
Total assets€97.16m

Recent financial health updates

Recent updates

The Affimed N.V. (NASDAQ:AFMD) Analysts Have Been Trimming Their Sales Forecasts

Aug 15
The Affimed N.V. (NASDAQ:AFMD) Analysts Have Been Trimming Their Sales Forecasts

Affimed downgraded to hold at Stifel as pipeline lacks development clarity

Oct 10

Health Check: How Prudently Does Affimed (NASDAQ:AFMD) Use Debt?

Sep 17
Health Check: How Prudently Does Affimed (NASDAQ:AFMD) Use Debt?

Affimed Q2 2022 Earnings Preview

Aug 10

Affimed: Preparing For Key Inflection Points

Jun 29

Does Affimed (NASDAQ:AFMD) Have A Healthy Balance Sheet?

Jun 14
Does Affimed (NASDAQ:AFMD) Have A Healthy Balance Sheet?

Affimed Stock: 3 Points For The Bulls

Apr 09

Affimed N.V. (NASDAQ:AFMD) Analysts Just Cut Their EPS Forecasts Substantially

Apr 05
Affimed N.V. (NASDAQ:AFMD) Analysts Just Cut Their EPS Forecasts Substantially

Does Affimed (NASDAQ:AFMD) Have A Healthy Balance Sheet?

Dec 14
Does Affimed (NASDAQ:AFMD) Have A Healthy Balance Sheet?

Affimed: Preparing For A Bullish 2022

Oct 12

Does Affimed (NASDAQ:AFMD) Have A Healthy Balance Sheet?

Aug 19
Does Affimed (NASDAQ:AFMD) Have A Healthy Balance Sheet?

Affimed: Current Fall And Future Prospects

Jul 07

We Discuss Why Affimed N.V.'s (NASDAQ:AFMD) CEO May Deserve A Higher Pay Packet

Jun 08
We Discuss Why Affimed N.V.'s (NASDAQ:AFMD) CEO May Deserve A Higher Pay Packet

Need To Know: Analysts Just Made A Substantial Cut To Their Affimed N.V. (NASDAQ:AFMD) Estimates

Apr 20
Need To Know: Analysts Just Made A Substantial Cut To Their Affimed N.V. (NASDAQ:AFMD) Estimates

Announcing: Affimed (NASDAQ:AFMD) Stock Increased An Energizing 177% In The Last Three Years

Feb 15
Announcing: Affimed (NASDAQ:AFMD) Stock Increased An Energizing 177% In The Last Three Years

Affimed and Roche collaborate to study AFM24 in solid tumors

Feb 03

Affimed N.V. initiates equity offering

Jan 12

Affimed inks €25M debt financing deal with Silicon Valley Bank

Jan 11

Affimed updates on product pipeline and cash balances

Jan 07

Affimed (NASDAQ:AFMD) Has Debt But No Earnings; Should You Worry?

Dec 25
Affimed (NASDAQ:AFMD) Has Debt But No Earnings; Should You Worry?

What Did Affimed's (NASDAQ:AFMD) CEO Take Home Last Year?

Dec 04
What Did Affimed's (NASDAQ:AFMD) CEO Take Home Last Year?

Financial Position Analysis

Short Term Liabilities: AFMD's short term assets (€84.2M) exceed its short term liabilities (€25.9M).

Long Term Liabilities: AFMD's short term assets (€84.2M) exceed its long term liabilities (€13.4M).


Debt to Equity History and Analysis

Debt Level: AFMD has more cash than its total debt.

Reducing Debt: AFMD's debt to equity ratio has increased from 11.9% to 21% 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: AFMD has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AFMD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39.8% each year


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