Ava Risk Group Balance Sheet Health
Financial Health criteria checks 3/6
Ava Risk Group has a total shareholder equity of A$26.6M and total debt of A$2.2M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are A$35.0M and A$8.4M respectively.
Key information
8.2%
Debt to equity ratio
AU$2.19m
Debt
Interest coverage ratio | n/a |
Cash | AU$1.78m |
Equity | AU$26.59m |
Total liabilities | AU$8.43m |
Total assets | AU$35.02m |
Recent financial health updates
No updates
Recent updates
Ava Risk Group Limited's (ASX:AVA) Shares May Have Run Too Fast Too Soon
Feb 09Ava Risk Group (ASX:AVA) Might Have The Makings Of A Multi-Bagger
May 18Calculating The Fair Value Of Ava Risk Group Limited (ASX:AVA)
Jul 15Ava Risk Group Limited's (ASX:AVA) 34% Dip In Price Shows Sentiment Is Matching Earnings
Mar 03Statutory Profit Doesn't Reflect How Good Ava Risk Group's (ASX:AVA) Earnings Are
Sep 07What Type Of Shareholders Own The Most Number of Ava Risk Group Limited (ASX:AVA) Shares?
Mar 13Is Ava Risk Group Limited's (ASX:AVA) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Feb 02Investors Who Bought Ava Risk Group (ASX:AVA) Shares Three Years Ago Are Now Up 417%
Dec 29What Kind Of Investors Own Most Of Ava Risk Group Limited (ASX:AVA)?
Nov 24Financial Position Analysis
Short Term Liabilities: AVA's short term assets (A$19.0M) exceed its short term liabilities (A$7.0M).
Long Term Liabilities: AVA's short term assets (A$19.0M) exceed its long term liabilities (A$1.4M).
Debt to Equity History and Analysis
Debt Level: AVA's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: AVA's debt to equity ratio has increased from 0% to 8.2% 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: AVA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AVA has less than a year of cash runway if free cash flow continues to grow at historical rates of 7.2% each year.