Avira Resources Balance Sheet Health

Financial Health criteria checks 4/6

Avira Resources has a total shareholder equity of A$1.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$1.8M and A$4.0K respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$522.12k
EquityAU$1.79m
Total liabilitiesAU$3.99k
Total assetsAU$1.80m

Recent financial health updates

No updates

Recent updates

Have Insiders Been Buying Avira Resources Limited (ASX:AVW) Shares?

Jan 28
Have Insiders Been Buying Avira Resources Limited (ASX:AVW) Shares?

Financial Position Analysis

Short Term Liabilities: AVW's short term assets (A$522.1K) exceed its short term liabilities (A$4.0K).

Long Term Liabilities: AVW has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AVW is debt free.

Reducing Debt: AVW has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.


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: AVW has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AVW has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.9% each year


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