Avax Balance Sheet Health
Financial Health criteria checks 4/6
Avax has a total shareholder equity of €159.7M and total debt of €259.4M, which brings its debt-to-equity ratio to 162.4%. Its total assets and total liabilities are €1.2B and €1.0B respectively. Avax's EBIT is €3.6M making its interest coverage ratio 0.3. It has cash and short-term investments of €76.9M.
Key information
162.4%
Debt to equity ratio
€259.40m
Debt
Interest coverage ratio | 0.3x |
Cash | €76.90m |
Equity | €159.70m |
Total liabilities | €1.00b |
Total assets | €1.16b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Avax S.A.'s (ATH:AVAX) Massive 25% Price Jump
Dec 18We Ran A Stock Scan For Earnings Growth And Avax (ATH:AVAX) Passed With Ease
Sep 08There Are Some Holes In Avax's (ATH:AVAX) Solid Earnings Release
May 03What Type Of Shareholders Own The Most Number of Avax S.A. (ATH:AVAX) Shares?
Feb 04Avax (ATH:AVAX) Has Gifted Shareholders With A Fantastic 180% Total Return On Their Investment
Dec 06Financial Position Analysis
Short Term Liabilities: AVAX's short term assets (€658.7M) exceed its short term liabilities (€501.4M).
Long Term Liabilities: AVAX's short term assets (€658.7M) exceed its long term liabilities (€499.6M).
Debt to Equity History and Analysis
Debt Level: AVAX's net debt to equity ratio (114.3%) is considered high.
Reducing Debt: AVAX's debt to equity ratio has reduced from 671.5% to 162.4% over the past 5 years.
Debt Coverage: AVAX's debt is well covered by operating cash flow (23.6%).
Interest Coverage: AVAX's interest payments on its debt are not well covered by EBIT (0.3x coverage).