Avanceon Financial Health
How is Avanceon's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: AVN's short term assets (PKR12.4B) exceed its short term liabilities (PKR5.0B).
Long Term Liabilities: AVN's short term assets (PKR12.4B) exceed its long term liabilities (PKR205.2M).
Debt to Equity History and Analysis
Debt Level: AVN has more cash than its total debt.
Reducing Debt: AVN's debt to equity ratio has reduced from 10.6% to 8.3% over the past 5 years.
Debt Coverage: AVN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AVN's interest payments on its debt are well covered by EBIT (15.2x coverage).