Avalon Advanced Materials Balance Sheet Health
Financial Health criteria checks 2/6
Avalon Advanced Materials has a total shareholder equity of CA$129.1M and total debt of CA$6.5M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are CA$137.7M and CA$8.7M respectively.
Key information
5.0%
Debt to equity ratio
CA$6.48m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.93m |
| Equity | CA$129.08m |
| Total liabilities | CA$8.67m |
| Total assets | CA$137.75m |
Recent financial health updates
Avalon Advanced Materials (TSE:AVL) Is Making Moderate Use Of Debt
Jul 24
Avalon Advanced Materials (TSE:AVL) Is Making Moderate Use Of Debt
Apr 19Is Avalon Advanced Materials (TSE:AVL) A Risky Investment?
Nov 22Does Avalon Advanced Materials (TSE:AVL) Have A Healthy Balance Sheet?
Jul 20Is Avalon Advanced Materials (TSE:AVL) Using Too Much Debt?
Nov 17Here's Why Avalon Advanced Materials (TSE:AVL) Can Afford Some Debt
Aug 04Recent updates
Avalon Advanced Materials (TSE:AVL) Is Making Moderate Use Of Debt
Jul 24Avalon Advanced Materials (TSE:AVL) Is Making Moderate Use Of Debt
Apr 19Is Avalon Advanced Materials (TSE:AVL) A Risky Investment?
Nov 22Does Avalon Advanced Materials (TSE:AVL) Have A Healthy Balance Sheet?
Jul 20Is Avalon Advanced Materials (TSE:AVL) Using Too Much Debt?
Nov 17Here's Why Avalon Advanced Materials (TSE:AVL) Can Afford Some Debt
Aug 04We Think Avalon Advanced Materials (TSE:AVL) Has A Fair Chunk Of Debt
Apr 19Our Take On Avalon Advanced Materials' (TSE:AVL) CEO Salary
Nov 29
Financial Position Analysis
Short Term Liabilities: AVL's short term assets (CA$2.0M) exceed its short term liabilities (CA$1.2M).
Long Term Liabilities: AVL's short term assets (CA$2.0M) do not cover its long term liabilities (CA$7.4M).
Debt to Equity History and Analysis
Debt Level: AVL's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: AVL's debt to equity ratio has increased from 1.7% to 5% 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: AVL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AVL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24.6% each year