Adveritas Balance Sheet Health

Financial Health criteria checks 0/6

Adveritas has a total shareholder equity of A$-481.1K and total debt of A$4.1M, which brings its debt-to-equity ratio to -858.9%. Its total assets and total liabilities are A$6.1M and A$6.6M respectively.

Key information

-858.9%

Debt to equity ratio

AU$4.13m

Debt

Interest coverage ration/a
CashAU$3.65m
Equity-AU$481.05k
Total liabilitiesAU$6.56m
Total assetsAU$6.08m

Recent financial health updates

Recent updates

Is Adveritas (ASX:AV1) A Risky Investment?

Sep 02
Is Adveritas (ASX:AV1) A Risky Investment?

We Think Adveritas (ASX:AV1) Needs To Drive Business Growth Carefully

Apr 05
We Think Adveritas (ASX:AV1) Needs To Drive Business Growth Carefully

We're Keeping An Eye On Adveritas' (ASX:AV1) Cash Burn Rate

May 06
We're Keeping An Eye On Adveritas' (ASX:AV1) Cash Burn Rate

Have Insiders Been Buying Adveritas Limited (ASX:AV1) Shares This Year?

Mar 14
Have Insiders Been Buying Adveritas Limited (ASX:AV1) Shares This Year?

Is Adveritas (ASX:AV1) In A Good Position To Deliver On Growth Plans?

Jan 20
Is Adveritas (ASX:AV1) In A Good Position To Deliver On Growth Plans?

Adveritas Limited (ASX:AV1) Insiders Increased Their Holdings

Nov 28
Adveritas Limited (ASX:AV1) Insiders Increased Their Holdings

Financial Position Analysis

Short Term Liabilities: AV1 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: AV1 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: AV1 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: AV1's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: AV1 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AV1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.1% each year


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