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 ratio | n/a |
| Cash | AU$522.12k |
| Equity | AU$1.79m |
| Total liabilities | AU$3.99k |
| Total assets | AU$1.80m |
Recent financial health updates
No updates
Recent updates
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