Adcore Balance Sheet Health
Financial Health criteria checks 6/6
Adcore has a total shareholder equity of $8.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $13.3M and $5.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.97m |
| Equity | US$7.97m |
| Total liabilities | US$5.33m |
| Total assets | US$13.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADCO.F's short term assets ($9.4M) exceed its short term liabilities ($4.8M).
Long Term Liabilities: ADCO.F's short term assets ($9.4M) exceed its long term liabilities ($510.0K).
Debt to Equity History and Analysis
Debt Level: ADCO.F is debt free.
Reducing Debt: ADCO.F had no debt 5 years ago.
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: ADCO.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ADCO.F has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 29.9% each year.