AVZ Minerals Balance Sheet Health
Financial Health criteria checks 5/6
AVZ Minerals has a total shareholder equity of A$203.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$204.1M and A$656.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$76.31m |
Equity | AU$203.49m |
Total liabilities | AU$656.66k |
Total assets | AU$204.14m |
Financial Position Analysis
Short Term Liabilities: AVZ's short term assets (A$77.4M) exceed its short term liabilities (A$656.7K).
Long Term Liabilities: AVZ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AVZ is debt free.
Reducing Debt: AVZ has not had any debt for past 5 years.
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: AVZ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AVZ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.2% each year