Avalon Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Avalon Technologies has a total shareholder equity of ₹5.5B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are ₹9.3B and ₹3.8B respectively. Avalon Technologies's EBIT is ₹265.4M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹1.8B.
Key information
38.1%
Debt to equity ratio
₹2.09b
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₹1.82b |
| Equity | ₹5.47b |
| Total liabilities | ₹3.83b |
| Total assets | ₹9.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543896's short term assets (₹7.1B) exceed its short term liabilities (₹2.8B).
Long Term Liabilities: 543896's short term assets (₹7.1B) exceed its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: 543896's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543896's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543896's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: 543896's interest payments on its debt are not well covered by EBIT (2.3x coverage).