Avance Gas Holding Financial Health

How is Avance Gas Holding's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: AGAS's short term assets ($232.5M) exceed its short term liabilities ($50.6M).

Long Term Liabilities: AGAS's short term assets ($232.5M) do not cover its long term liabilities ($461.3M).


Debt to Equity History and Analysis

Debt Level: AGAS's net debt to equity ratio (38.3%) is considered satisfactory.

Reducing Debt: AGAS's debt to equity ratio has reduced from 113.1% to 72.8% over the past 5 years.

Debt Coverage: AGAS's debt is well covered by operating cash flow (21.9%).

Interest Coverage: AGAS's interest payments on its debt are well covered by EBIT (3.7x coverage).


Balance Sheet


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