AVA Risk Group Balance Sheet Health

Financial Health criteria checks 5/6

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 ration/a
CashAU$5.08m
EquityAU$27.95m
Total liabilitiesAU$8.11m
Total assetsAU$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.


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