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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:54 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Avalon Technologies Limited is covered by 18 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ravi Swaminathan | Avendus Spark |
| Vijayaraghavan Swaminathan | Avendus Spark |
| null null | Axis Capital Limited |