Australian Vintage Balance Sheet Health
Financial Health criteria checks 4/6
Australian Vintage has a total shareholder equity of A$296.4M and total debt of A$77.5M, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are A$495.5M and A$199.1M respectively. Australian Vintage's EBIT is A$1.2M making its interest coverage ratio 0.3. It has cash and short-term investments of A$9.8M.
Key information
26.1%
Debt to equity ratio
AU$77.50m
Debt
| Interest coverage ratio | 0.3x |
| Cash | AU$9.78m |
| Equity | AU$296.44m |
| Total liabilities | AU$199.08m |
| Total assets | AU$495.52m |
Recent financial health updates
Australian Vintage (ASX:AVG) Seems To Be Using A Lot Of Debt
Apr 10
These 4 Measures Indicate That Australian Vintage (ASX:AVG) Is Using Debt Reasonably Well
Jun 08These 4 Measures Indicate That Australian Vintage (ASX:AVG) Is Using Debt Reasonably Well
Mar 09Australian Vintage (ASX:AVG) Has A Somewhat Strained Balance Sheet
Jun 30
Recent updates
Australian Vintage (ASX:AVG) Seems To Be Using A Lot Of Debt
Apr 10What Does Australian Vintage Ltd's (ASX:AVG) Share Price Indicate?
Jul 03Australian Vintage's (ASX:AVG) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 16Australian Vintage (ASX:AVG) Is Paying Out A Larger Dividend Than Last Year
Oct 21Australian Vintage (ASX:AVG) Is Increasing Its Dividend To A$0.034
Aug 28Returns At Australian Vintage (ASX:AVG) Are On The Way Up
Jul 18These 4 Measures Indicate That Australian Vintage (ASX:AVG) Is Using Debt Reasonably Well
Jun 08Do Australian Vintage's (ASX:AVG) Earnings Warrant Your Attention?
May 10Is It Time To Consider Buying Australian Vintage Ltd (ASX:AVG)?
Apr 28Investors Will Want Australian Vintage's (ASX:AVG) Growth In ROCE To Persist
Apr 14Does Australian Vintage's (ASX:AVG) Share Price Gain of 94% Match Its Business Performance?
Mar 21These 4 Measures Indicate That Australian Vintage (ASX:AVG) Is Using Debt Reasonably Well
Mar 09How Much Of Australian Vintage Ltd (ASX:AVG) Do Insiders Own?
Feb 25Is Australian Vintage Ltd (ASX:AVG) An Attractive Dividend Stock?
Feb 12Should You Be Adding Australian Vintage (ASX:AVG) To Your Watchlist Today?
Jan 29Is It Too Late To Consider Buying Australian Vintage Ltd (ASX:AVG)?
Jan 16What Do The Returns At Australian Vintage (ASX:AVG) Mean Going Forward?
Jan 03Read This Before Selling Australian Vintage Ltd (ASX:AVG) Shares
Dec 21Australian Vintage (ASX:AVG) Has Compensated Shareholders With A Respectable 92% Return On Their Investment
Dec 09What You Need To Know About Australian Vintage Ltd's (ASX:AVG) Investor Composition
Nov 27Introducing Australian Vintage (ASX:AVG), A Stock That Climbed 27% In The Last Five Years
Aug 23Here's What You Should Know About Australian Vintage Ltd's (ASX:AVG) 4.5% Dividend Yield
Aug 05Australian Vintage Ltd (ASX:AVG) Doing What It Can To Lift Shares
Jul 18Australian Vintage (ASX:AVG) Has A Somewhat Strained Balance Sheet
Jun 30Financial Position Analysis
Short Term Liabilities: AVG's short term assets (A$250.4M) exceed its short term liabilities (A$54.4M).
Long Term Liabilities: AVG's short term assets (A$250.4M) exceed its long term liabilities (A$144.7M).
Debt to Equity History and Analysis
Debt Level: AVG's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: AVG's debt to equity ratio has reduced from 29.9% to 26.1% over the past 5 years.
Debt Coverage: AVG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AVG's interest payments on its debt are not well covered by EBIT (0.3x coverage).