Avalon Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Avalon Technologies has a total shareholder equity of ₹5.6B and total debt of ₹1.6B, which brings its debt-to-equity ratio to 28.2%. Its total assets and total liabilities are ₹9.7B and ₹4.0B respectively. Avalon Technologies's EBIT is ₹427.4M making its interest coverage ratio 3.5. It has cash and short-term investments of ₹1.9B.
Key information
28.2%
Debt to equity ratio
₹1.59b
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₹1.88b |
| Equity | ₹5.62b |
| Total liabilities | ₹4.03b |
| Total assets | ₹9.65b |
Recent financial health updates
Recent updates
We Think That There Are More Issues For Avalon Technologies (NSE:AVALON) Than Just Sluggish Earnings
Nov 14
Results: Avalon Technologies Limited Exceeded Expectations And The Consensus Has Updated Its Estimates
Nov 09Avalon Technologies Limited Reported A Surprise Loss, And Analysts Have Updated Their Forecasts
Aug 11Is Avalon Technologies (NSE:AVALON) Using Too Much Debt?
Jun 13Avalon Technologies Limited Just Missed EPS By 42%: Here's What Analysts Think Will Happen Next
Feb 04Avalon Technologies Limited Just Missed Earnings - But Analysts Have Updated Their Models
Nov 11Financial Position Analysis
Short Term Liabilities: AVALON's short term assets (₹7.6B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: AVALON's short term assets (₹7.6B) exceed its long term liabilities (₹864.1M).
Debt to Equity History and Analysis
Debt Level: AVALON has more cash than its total debt.
Reducing Debt: Insufficient data to determine if AVALON's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AVALON's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: AVALON's interest payments on its debt are well covered by EBIT (3.5x coverage).