AVA Risk Group has a total shareholder equity of A$27.9M and total debt of A$2.2M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are A$36.1M and A$8.1M respectively.
Key information
7.7%
Debt to equity ratio
AU$2.16m
Debt
Interest coverage ratio
n/a
Cash
AU$5.08m
Equity
AU$27.95m
Total liabilities
AU$8.11m
Total assets
AU$36.06m
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVA's short term assets (A$21.4M) exceed its short term liabilities (A$6.9M).
Long Term Liabilities: AVA's short term assets (A$21.4M) exceed its long term liabilities (A$1.2M).
Debt to Equity History and Analysis
Debt Level: AVA has more cash than its total debt.
Reducing Debt: AVA's debt to equity ratio has increased from 0% to 7.7% 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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AVA has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 3.4% each year.