Avon Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Avon Technologies has a total shareholder equity of $142.5M and total debt of $68.5M, which brings its debt-to-equity ratio to 48.1%. Its total assets and total liabilities are $327.8M and $185.3M respectively. Avon Technologies's EBIT is $12.6M making its interest coverage ratio 1.8. It has cash and short-term investments of $11.2M.
Key information
48.1%
Debt to equity ratio
US$68.50m
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$11.20m |
| Equity | US$142.50m |
| Total liabilities | US$185.30m |
| Total assets | US$327.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVONl's short term assets ($112.4M) exceed its short term liabilities ($45.5M).
Long Term Liabilities: AVONl's short term assets ($112.4M) do not cover its long term liabilities ($139.8M).
Debt to Equity History and Analysis
Debt Level: AVONl's net debt to equity ratio (40.2%) is considered high.
Reducing Debt: AVONl had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: AVONl's debt is well covered by operating cash flow (55.6%).
Interest Coverage: AVONl's interest payments on its debt are not well covered by EBIT (1.8x coverage).