Avira Resources Balance Sheet Health
Financial Health criteria checks 5/6
Avira Resources has a total shareholder equity of A$1.3M and total debt of A$3.6K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are A$1.6M and A$245.0K respectively.
Key information
0.3%
Debt to equity ratio
AU$3.65k
Debt
Interest coverage ratio | n/a |
Cash | AU$485.70k |
Equity | AU$1.33m |
Total liabilities | AU$245.04k |
Total assets | AU$1.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVW's short term assets (A$485.7K) exceed its short term liabilities (A$245.0K).
Long Term Liabilities: AVW has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AVW has more cash than its total debt.
Reducing Debt: AVW's debt to equity ratio has increased from 0.2% to 0.3% over the 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: AVW has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AVW is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.