Avast Balance Sheet Health
Financial Health criteria checks 3/6
Avast has a total shareholder equity of $1.5B and total debt of $942.2M, which brings its debt-to-equity ratio to 63.8%. Its total assets and total liabilities are $3.1B and $1.6B respectively. Avast's EBIT is $351.1M making its interest coverage ratio 12.8. It has cash and short-term investments of $338.0M.
Key information
63.8%
Debt to equity ratio
US$942.20m
Debt
| Interest coverage ratio | 12.8x |
| Cash | US$338.00m |
| Equity | US$1.48b |
| Total liabilities | US$1.63b |
| Total assets | US$3.11b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVSTL's short term assets ($445.9M) do not cover its short term liabilities ($839.8M).
Long Term Liabilities: AVSTL's short term assets ($445.9M) do not cover its long term liabilities ($788.7M).
Debt to Equity History and Analysis
Debt Level: AVSTL's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: AVSTL's debt to equity ratio has reduced from 288% to 63.8% over the past 5 years.
Debt Coverage: AVSTL's debt is well covered by operating cash flow (42.1%).
Interest Coverage: AVSTL's interest payments on its debt are well covered by EBIT (12.8x coverage).