Avacta Group Balance Sheet Health
Financial Health criteria checks 5/6
Avacta Group has a total shareholder equity of £48.2M and total debt of £24.0M, which brings its debt-to-equity ratio to 49.8%. Its total assets and total liabilities are £89.3M and £41.1M respectively.
Key information
49.8%
Debt to equity ratio
UK£24.00m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£32.53m |
| Equity | UK£48.16m |
| Total liabilities | UK£41.13m |
| Total assets | UK£89.29m |
Recent financial health updates
Is Avacta Group (LON:AVCT) Using Debt Sensibly?
Oct 29
Would Avacta Group (LON:AVCT) Be Better Off With Less Debt?
Jun 22We're Hopeful That Avacta Group (LON:AVCT) Will Use Its Cash Wisely
Oct 20Avacta Group (LON:AVCT) Is In A Good Position To Deliver On Growth Plans
Jun 20Recent updates
Avacta Group Plc's (LON:AVCT) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Nov 19Is Avacta Group (LON:AVCT) Using Debt Sensibly?
Oct 29Avacta Group Plc's (LON:AVCT) 29% Share Price Surge Not Quite Adding Up
Sep 05Improved Revenues Required Before Avacta Group Plc (LON:AVCT) Shares Find Their Feet
Jun 21Investors Give Avacta Group Plc (LON:AVCT) Shares A 26% Hiding
Feb 23Getting In Cheap On Avacta Group Plc (LON:AVCT) Is Unlikely
Aug 05Would Avacta Group (LON:AVCT) Be Better Off With Less Debt?
Jun 22We're Hopeful That Avacta Group (LON:AVCT) Will Use Its Cash Wisely
Oct 20This Is The Reason Why We Think Avacta Group Plc's (LON:AVCT) CEO Deserves A Bump Up To Their Compensation
Jun 22Avacta Group (LON:AVCT) Is In A Good Position To Deliver On Growth Plans
Jun 20Avacta Group Plc (LON:AVCT) Insiders Have Been Selling
Feb 18Financial Position Analysis
Short Term Liabilities: AVCT's short term assets (£45.5M) exceed its short term liabilities (£35.3M).
Long Term Liabilities: AVCT's short term assets (£45.5M) exceed its long term liabilities (£5.9M).
Debt to Equity History and Analysis
Debt Level: AVCT has more cash than its total debt.
Reducing Debt: AVCT's debt to equity ratio has increased from 0% to 49.8% 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: AVCT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AVCT has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 14.6% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 05:27 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Avacta Group Plc is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vadim Alexandre Khalil | Daniel Stewart & Company |
| Lorenza Castellon | Equity Development Limited |
| Paul Cuddon | Numis Securities Ltd. |