Avgol Industries 1953 Balance Sheet Health
Financial Health criteria checks 2/6
Avgol Industries 1953 has a total shareholder equity of $199.0M and total debt of $179.4M, which brings its debt-to-equity ratio to 90.1%. Its total assets and total liabilities are $441.6M and $242.6M respectively. Avgol Industries 1953's EBIT is $16.7M making its interest coverage ratio 1.8. It has cash and short-term investments of $50.7M.
Key information
90.1%
Debt to equity ratio
US$179.36m
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$50.71m |
| Equity | US$199.01m |
| Total liabilities | US$242.63m |
| Total assets | US$441.64m |
Recent financial health updates
Is Avgol Industries 1953 (TLV:AVGL) Using Too Much Debt?
Jan 04
We Think Avgol Industries 1953 (TLV:AVGL) Is Taking Some Risk With Its Debt
Jul 28Here's Why Avgol Industries 1953 (TLV:AVGL) Has A Meaningful Debt Burden
Nov 11Is Avgol Industries 1953 (TLV:AVGL) Using Too Much Debt?
May 26Here's Why Avgol Industries 1953 (TLV:AVGL) Can Manage Its Debt Responsibly
Feb 15Recent updates
Investors Met With Slowing Returns on Capital At Avgol Industries 1953 (TLV:AVGL)
Sep 20The Return Trends At Avgol Industries 1953 (TLV:AVGL) Look Promising
Feb 27Is Avgol Industries 1953 (TLV:AVGL) Using Too Much Debt?
Jan 04We Think Avgol Industries 1953 (TLV:AVGL) Is Taking Some Risk With Its Debt
Jul 28Here's What To Make Of Avgol Industries 1953's (TLV:AVGL) Decelerating Rates Of Return
Jun 17Here's Why Avgol Industries 1953 (TLV:AVGL) Has A Meaningful Debt Burden
Nov 11Is Avgol Industries 1953 (TLV:AVGL) Using Too Much Debt?
May 26The Returns At Avgol Industries 1953 (TLV:AVGL) Aren't Growing
Apr 15Here's Why Avgol Industries 1953 (TLV:AVGL) Can Manage Its Debt Responsibly
Feb 15Can You Imagine How Avgol Industries 1953's (TLV:AVGL) Shareholders Feel About The 36% Share Price Increase?
Jan 29Can Avgol Industries 1953 (TLV:AVGL) Continue To Grow Its Returns On Capital?
Jan 11
Is Avgol Industries 1953 Ltd's (TLV:AVGL) 23% ROE Better Than Average?
Dec 24Should You Rely On Avgol Industries 1953's (TLV:AVGL) Earnings Growth?
Dec 06Financial Position Analysis
Short Term Liabilities: AVGL's short term assets ($123.8M) exceed its short term liabilities ($114.3M).
Long Term Liabilities: AVGL's short term assets ($123.8M) do not cover its long term liabilities ($128.3M).
Debt to Equity History and Analysis
Debt Level: AVGL's net debt to equity ratio (64.6%) is considered high.
Reducing Debt: AVGL's debt to equity ratio has reduced from 210.7% to 90.1% over the past 5 years.
Debt Coverage: AVGL's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: AVGL's interest payments on its debt are not well covered by EBIT (1.8x coverage).