AoFrio Balance Sheet Health
Financial Health criteria checks 6/6
AoFrio has a total shareholder equity of NZ$18.3M and total debt of NZ$4.5M, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are NZ$65.6M and NZ$47.3M respectively.
Key information
24.3%
Debt to equity ratio
NZ$4.46m
Debt
| Interest coverage ratio | n/a |
| Cash | NZ$1.95m |
| Equity | NZ$18.32m |
| Total liabilities | NZ$47.32m |
| Total assets | NZ$65.64m |
Recent financial health updates
Does AoFrio (NZSE:AOF) Have A Healthy Balance Sheet?
Oct 08
Is AoFrio (NZSE:AOF) A Risky Investment?
Apr 26Would AoFrio (NZSE:AOF) Be Better Off With Less Debt?
Dec 08Is AoFrio (NZSE:AOF) Using Too Much Debt?
Sep 05Does AoFrio (NZSE:AOF) Have A Healthy Balance Sheet?
May 16Recent updates
Why Investors Shouldn't Be Surprised By AoFrio Limited's (NZSE:AOF) Low P/S
Dec 11Does AoFrio (NZSE:AOF) Have A Healthy Balance Sheet?
Oct 08Further Upside For AoFrio Limited (NZSE:AOF) Shares Could Introduce Price Risks After 25% Bounce
Aug 02Further Upside For AoFrio Limited (NZSE:AOF) Shares Could Introduce Price Risks After 31% Bounce
May 21Is AoFrio (NZSE:AOF) A Risky Investment?
Apr 26Market Cool On AoFrio Limited's (NZSE:AOF) Revenues Pushing Shares 26% Lower
Mar 04There's No Escaping AoFrio Limited's (NZSE:AOF) Muted Earnings Despite A 26% Share Price Rise
Jan 17Would AoFrio (NZSE:AOF) Be Better Off With Less Debt?
Dec 08Is AoFrio (NZSE:AOF) Using Too Much Debt?
Sep 05Does AoFrio (NZSE:AOF) Have A Healthy Balance Sheet?
May 16It's Down 29% But AoFrio Limited (NZSE:AOF) Could Be Riskier Than It Looks
Mar 23Wellington Drive Technologies (NZSE:WDT) Is Experiencing Growth In Returns On Capital
Apr 28Wellington Drive Technologies' (NZSE:WDT) Earnings Are Of Questionable Quality
Mar 04Did Wellington Drive Technologies Limited (NZSE:WDT) Insiders Buy Up More Shares?
Mar 04Have Insiders Been Buying Wellington Drive Technologies Limited (NZSE:WDT) Shares?
Nov 19John McMahon Is The Non-Executive Chairman of Wellington Drive Technologies Limited (NZSE:WDT) And They Just Picked Up 14% More Shares
Nov 19Financial Position Analysis
Short Term Liabilities: AOF's short term assets (NZ$33.6M) exceed its short term liabilities (NZ$31.1M).
Long Term Liabilities: AOF's short term assets (NZ$33.6M) exceed its long term liabilities (NZ$16.2M).
Debt to Equity History and Analysis
Debt Level: AOF's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: AOF's debt to equity ratio has reduced from 64.9% to 24.3% 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: Whilst unprofitable AOF has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AOF is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 00:00 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
AoFrio Limited is covered by 1 analysts. 0 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 |
|---|---|
| Andrew Harvey-Green | Forsyth Barr Group Ltd. |