Avalara Balance Sheet Health
Financial Health criteria checks 5/6
Avalara has a total shareholder equity of $1.0B and total debt of $963.0M, which brings its debt-to-equity ratio to 93.8%. Its total assets and total liabilities are $2.6B and $1.6B respectively.
Key information
93.8%
Debt to equity ratio
US$963.03m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.46b |
| Equity | US$1.03b |
| Total liabilities | US$1.62b |
| Total assets | US$2.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVLR *'s short term assets ($1.7B) exceed its short term liabilities ($538.1M).
Long Term Liabilities: AVLR *'s short term assets ($1.7B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: AVLR * has more cash than its total debt.
Reducing Debt: AVLR *'s debt to equity ratio has reduced from 289.2% to 93.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AVLR * has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AVLR * has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.