Avon Protection Balance Sheet Health
Financial Health criteria checks 3/6
Avon Protection 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 Protection'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
These 4 Measures Indicate That Avon Protection (LON:AVON) Is Using Debt Reasonably Well
May 25
Here's Why Avon Protection (LON:AVON) Can Afford Some Debt
Sep 01These 4 Measures Indicate That Avon Protection (LON:AVON) Is Using Debt Extensively
Jan 25Avon Protection (LON:AVON) Has A Pretty Healthy Balance Sheet
Sep 24Does Avon Rubber (LON:AVON) Have A Healthy Balance Sheet?
Jan 25
Recent updates
Are Investors Undervaluing Avon Protection plc (LON:AVON) By 32%?
Oct 11These 4 Measures Indicate That Avon Protection (LON:AVON) Is Using Debt Reasonably Well
May 25Here's Why Avon Protection (LON:AVON) Can Afford Some Debt
Sep 01Avon Protection plc (LON:AVON) Shares Could Be 46% Below Their Intrinsic Value Estimate
Jun 01Avon Protection plc's (LON:AVON) Intrinsic Value Is Potentially 99% Above Its Share Price
Feb 21These 4 Measures Indicate That Avon Protection (LON:AVON) Is Using Debt Extensively
Jan 25Calculating The Intrinsic Value Of Avon Protection plc (LON:AVON)
Oct 19Avon Protection (LON:AVON) Has A Pretty Healthy Balance Sheet
Sep 24Calculating The Fair Value Of Avon Rubber p.l.c. (LON:AVON)
May 27Are Avon Rubber p.l.c.'s (LON:AVON) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?
Mar 14Tread With Caution Around Avon Rubber p.l.c.'s (LON:AVON) 0.9% Dividend Yield
Feb 24Is Avon Rubber p.l.c. (LON:AVON) Worth UK£31.7 Based On Its Intrinsic Value?
Feb 09Does Avon Rubber (LON:AVON) Have A Healthy Balance Sheet?
Jan 25A Quick Analysis On Avon Rubber's (LON:AVON) CEO Compensation
Jan 07Independent Chairman Bruce Thompson Just Bought 100% More Shares In Avon Rubber p.l.c. (LON:AVON)
Dec 23What Does The Future Hold For Avon Rubber p.l.c. (LON:AVON)? These Analysts Have Been Cutting Their Estimates
Dec 22Avon Rubber (LON:AVON) Shareholders Have Enjoyed An Impressive 205% Share Price Gain
Dec 20Avon Rubber p.l.c.'s (LON:AVON) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Dec 05Financial Position Analysis
Short Term Liabilities: AVON's short term assets ($112.4M) exceed its short term liabilities ($45.5M).
Long Term Liabilities: AVON's short term assets ($112.4M) do not cover its long term liabilities ($139.8M).
Debt to Equity History and Analysis
Debt Level: AVON's net debt to equity ratio (40.2%) is considered high.
Reducing Debt: AVON had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: AVON's debt is well covered by operating cash flow (55.6%).
Interest Coverage: AVON's interest payments on its debt are not well covered by EBIT (1.8x coverage).