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
Recent updates
The Return Trends At Avingtrans (LON:AVG) Look Promising
Mar 02
Is Now An Opportune Moment To Examine Avingtrans plc (LON:AVG)?
Nov 09We Think Avingtrans plc's (LON:AVG) CEO Compensation Looks Fair
Nov 11At UK£3.30, Is It Time To Put Avingtrans plc (LON:AVG) On Your Watch List?
Apr 09Does Avingtrans (LON:AVG) Deserve A Spot On Your Watchlist?
Mar 11Avingtrans plc's (LON:AVG) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Feb 24Avingtrans (LON:AVG) Has A Pretty Healthy Balance Sheet
Feb 12Did Business Growth Power Avingtrans' (LON:AVG) Share Price Gain of 164%?
Jan 25At UK£2.83, Is It Time To Put Avingtrans plc (LON:AVG) On Your Watch List?
Jan 04
Here's What We Think About Avingtrans' (LON:AVG) CEO Pay
Dec 18A Look At The Fair Value Of Avingtrans plc (LON:AVG)
Nov 30Financial Position Analysis
Short Term Liabilities: AVG's short term assets (£94.3M) exceed its short term liabilities (£51.0M).
Long Term Liabilities: AVG's short term assets (£94.3M) exceed its long term liabilities (£17.2M).
Debt to Equity History and Analysis
Debt Level: AVG has more cash than its total debt.
Reducing Debt: AVG's debt to equity ratio has reduced from 14.4% to 11.9% over the past 5 years.
Debt Coverage: AVG's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: AVG's interest payments on its debt are well covered by EBIT (12x coverage).