Avalon Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Avalon Technologies has a total shareholder equity of ₹5.3B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are ₹8.2B and ₹2.9B respectively. Avalon Technologies's EBIT is ₹699.3M making its interest coverage ratio 4. It has cash and short-term investments of ₹1.3B.
Key information
25.4%
Debt to equity ratio
₹1.36b
Debt
Interest coverage ratio | 4x |
Cash | ₹1.33b |
Equity | ₹5.33b |
Total liabilities | ₹2.91b |
Total assets | ₹8.24b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AVALON's short term assets (₹6.5B) exceed its short term liabilities (₹2.1B).
Long Term Liabilities: AVALON's short term assets (₹6.5B) exceed its long term liabilities (₹834.0M).
Debt to Equity History and Analysis
Debt Level: AVALON's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AVALON's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AVALON's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AVALON's interest payments on its debt are well covered by EBIT (4x coverage).