AVJennings Balance Sheet Health
Financial Health criteria checks 2/6
AVJennings has a total shareholder equity of A$459.3M and total debt of A$246.4M, which brings its debt-to-equity ratio to 53.6%. Its total assets and total liabilities are A$929.7M and A$470.4M respectively. AVJennings's EBIT is A$16.7M making its interest coverage ratio 79.4. It has cash and short-term investments of A$15.1M.
Key information
53.6%
Debt to equity ratio
AU$246.37m
Debt
Interest coverage ratio | 79.4x |
Cash | AU$15.13m |
Equity | AU$459.26m |
Total liabilities | AU$470.43m |
Total assets | AU$929.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVJ's short term assets (A$282.9M) exceed its short term liabilities (A$93.2M).
Long Term Liabilities: AVJ's short term assets (A$282.9M) do not cover its long term liabilities (A$377.2M).
Debt to Equity History and Analysis
Debt Level: AVJ's net debt to equity ratio (50.3%) is considered high.
Reducing Debt: AVJ's debt to equity ratio has increased from 51.8% to 53.6% over the past 5 years.
Debt Coverage: AVJ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AVJ's interest payments on its debt are well covered by EBIT (79.4x coverage).