Avalon Advanced Materials Balance Sheet Health
Financial Health criteria checks 4/6
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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OU5A's short term assets (CA$2.0M) exceed its short term liabilities (CA$1.2M).
Long Term Liabilities: OU5A'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: OU5A's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: OU5A'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: OU5A has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: OU5A is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.