AVEVA Group Balance Sheet Health
Financial Health criteria checks 3/6
AVEVA Group has a total shareholder equity of £5.7B and total debt of £805.4M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are £7.1B and £1.5B respectively. AVEVA Group's EBIT is £41.0M making its interest coverage ratio 2.6. It has cash and short-term investments of £203.8M.
Key information
14.2%
Debt to equity ratio
UK£805.40m
Debt
Interest coverage ratio | 2.6x |
Cash | UK£203.80m |
Equity | UK£5.67b |
Total liabilities | UK£1.47b |
Total assets | UK£7.14b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVVL's short term assets (£843.0M) exceed its short term liabilities (£504.6M).
Long Term Liabilities: AVVL's short term assets (£843.0M) do not cover its long term liabilities (£966.0M).
Debt to Equity History and Analysis
Debt Level: AVVL's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: AVVL's debt to equity ratio has increased from 0% to 14.2% over the past 5 years.
Debt Coverage: AVVL's debt is well covered by operating cash flow (26.6%).
Interest Coverage: AVVL's interest payments on its debt are not well covered by EBIT (2.6x coverage).