Avalon Advanced Materials Balance Sheet Health
Financial Health criteria checks 3/6
Avalon Advanced Materials has a total shareholder equity of CA$127.6M and total debt of CA$6.2M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are CA$136.4M and CA$8.8M respectively.
Key information
4.9%
Debt to equity ratio
CA$6.21m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$712.31k |
| Equity | CA$127.62m |
| Total liabilities | CA$8.76m |
| Total assets | CA$136.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0UJN's short term assets (CA$891.8K) do not cover its short term liabilities (CA$4.9M).
Long Term Liabilities: 0UJN's short term assets (CA$891.8K) do not cover its long term liabilities (CA$3.9M).
Debt to Equity History and Analysis
Debt Level: 0UJN's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: 0UJN's debt to equity ratio has increased from 1% to 4.9% 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: 0UJN has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 0UJN is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.