Avingtrans Balance Sheet Health
Financial Health criteria checks 5/6
Avingtrans has a total shareholder equity of £113.0M and total debt of £13.5M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are £181.3M and £68.2M respectively. Avingtrans's EBIT is £8.0M making its interest coverage ratio 12. It has cash and short-term investments of £13.9M.
Key information
11.9%
Debt to equity ratio
UK£13.46m
Debt
Interest coverage ratio | 12x |
Cash | UK£13.92m |
Equity | UK£113.03m |
Total liabilities | UK£68.23m |
Total assets | UK£181.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DZR's short term assets (£94.3M) exceed its short term liabilities (£51.0M).
Long Term Liabilities: DZR's short term assets (£94.3M) exceed its long term liabilities (£17.2M).
Debt to Equity History and Analysis
Debt Level: DZR has more cash than its total debt.
Reducing Debt: DZR's debt to equity ratio has reduced from 14.4% to 11.9% over the past 5 years.
Debt Coverage: DZR's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: DZR's interest payments on its debt are well covered by EBIT (12x coverage).