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 ratio | n/a |
Cash | AU$3.65m |
Equity | -AU$481.05k |
Total liabilities | AU$6.56m |
Total assets | AU$6.08m |
Recent financial health updates
Is Adveritas (ASX:AV1) A Risky Investment?
Sep 02We Think Adveritas (ASX:AV1) Needs To Drive Business Growth Carefully
Apr 05We're Keeping An Eye On Adveritas' (ASX:AV1) Cash Burn Rate
May 06Is Adveritas (ASX:AV1) In A Good Position To Deliver On Growth Plans?
Jan 20Recent updates
Is Adveritas (ASX:AV1) A Risky Investment?
Sep 02We Think Adveritas (ASX:AV1) Needs To Drive Business Growth Carefully
Apr 05We're Keeping An Eye On Adveritas' (ASX:AV1) Cash Burn Rate
May 06Have Insiders Been Buying Adveritas Limited (ASX:AV1) Shares This Year?
Mar 14Is Adveritas (ASX:AV1) In A Good Position To Deliver On Growth Plans?
Jan 20Adveritas Limited (ASX:AV1) Insiders Increased Their Holdings
Nov 28Financial 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