Avenira Balance Sheet Health
Financial Health criteria checks 4/6
Avenira has a total shareholder equity of A$15.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$21.9M and A$6.1M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$425.96k |
| Equity | AU$15.81m |
| Total liabilities | AU$6.08m |
| Total assets | AU$21.89m |
Financial Position Analysis
Short Term Liabilities: AEV's short term assets (A$562.1K) do not cover its short term liabilities (A$4.0M).
Long Term Liabilities: AEV's short term assets (A$562.1K) do not cover its long term liabilities (A$2.1M).
Debt to Equity History and Analysis
Debt Level: AEV is debt free.
Reducing Debt: AEV has no debt compared to 5 years ago when its debt to equity ratio was 8%.
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: AEV has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AEV is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.