AVIT Balance Sheet Health
Financial Health criteria checks 4/6
AVIT has a total shareholder equity of CN¥58.0M and total debt of CN¥108.1M, which brings its debt-to-equity ratio to 186.3%. Its total assets and total liabilities are CN¥352.0M and CN¥294.0M respectively.
Key information
186.3%
Debt to equity ratio
CN¥108.09m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥60.31m |
| Equity | CN¥58.01m |
| Total liabilities | CN¥293.99m |
| Total assets | CN¥352.00m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300264's short term assets (CN¥307.0M) exceed its short term liabilities (CN¥281.6M).
Long Term Liabilities: 300264's short term assets (CN¥307.0M) exceed its long term liabilities (CN¥12.4M).
Debt to Equity History and Analysis
Debt Level: 300264's net debt to equity ratio (82.4%) is considered high.
Reducing Debt: 300264's debt to equity ratio has increased from 2.7% to 186.3% 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: Whilst unprofitable 300264 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300264 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.6% per year.