AoFrio Balance Sheet Health
Financial Health criteria checks 4/6
AoFrio has a total shareholder equity of NZ$19.5M and total debt of NZ$5.0M, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are NZ$58.6M and NZ$39.1M respectively.
Key information
25.5%
Debt to equity ratio
NZ$4.99m
Debt
| Interest coverage ratio | n/a |
| Cash | NZ$3.30m |
| Equity | NZ$19.54m |
| Total liabilities | NZ$39.06m |
| Total assets | NZ$58.60m |
Recent financial health updates
Would AoFrio (NZSE:AOF) Be Better Off With Less Debt?
Dec 08
Is AoFrio (NZSE:AOF) Using Too Much Debt?
Sep 05Does AoFrio (NZSE:AOF) Have A Healthy Balance Sheet?
May 16Recent updates
Market 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$28.8M) exceed its short term liabilities (NZ$24.5M).
Long Term Liabilities: AOF's short term assets (NZ$28.8M) exceed its long term liabilities (NZ$14.5M).
Debt to Equity History and Analysis
Debt Level: AOF's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: AOF's debt to equity ratio has reduced from 61.1% to 25.5% 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: Insufficient data to determine if AOF has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AOF has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.