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
Does 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.