AVITA Medical Balance Sheet Health
Financial Health criteria checks 3/6
AVITA Medical has a total shareholder equity of $12.2M and total debt of $42.5M, which brings its debt-to-equity ratio to 348%. Its total assets and total liabilities are $81.1M and $68.8M respectively.
Key information
348.0%
Debt to equity ratio
US$42.55m
Debt
| Interest coverage ratio | n/a |
| Cash | US$44.41m |
| Equity | US$12.23m |
| Total liabilities | US$68.82m |
| Total assets | US$81.05m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AVH's short term assets ($63.9M) exceed its short term liabilities ($17.1M).
Long Term Liabilities: AVH's short term assets ($63.9M) exceed its long term liabilities ($51.7M).
Debt to Equity History and Analysis
Debt Level: AVH has more cash than its total debt.
Reducing Debt: AVH's debt to equity ratio has increased from 0% to 348% 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: AVH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AVH has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.