African Dawn Capital Balance Sheet Health
Financial Health criteria checks 0/6
African Dawn Capital has a total shareholder equity of ZAR-47.8M and total debt of ZAR57.0M, which brings its debt-to-equity ratio to -119.4%. Its total assets and total liabilities are ZAR15.6M and ZAR63.4M respectively.
Key information
-119.4%
Debt to equity ratio
R57.03m
Debt
| Interest coverage ratio | n/a |
| Cash | R2.08m |
| Equity | -R47.77m |
| Total liabilities | R63.38m |
| Total assets | R15.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADW has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ADW has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ADW has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ADW's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: ADW has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ADW has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25.2% each year