Avensia Balance Sheet Health
Financial Health criteria checks 6/6
Avensia has a total shareholder equity of SEK39.3M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK202.8M and SEK163.6M respectively. Avensia's EBIT is SEK27.7M making its interest coverage ratio 6.5. It has cash and short-term investments of SEK24.6M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | 6.5x |
| Cash | SEK 24.56m |
| Equity | SEK 39.27m |
| Total liabilities | SEK 163.57m |
| Total assets | SEK 202.84m |
Recent financial health updates
Recent updates
Avensia's (STO:AVEN) Earnings Seem To Be Promising
Nov 02
Avensia AB (publ)'s (STO:AVEN) Shares Bounce 25% But Its Business Still Trails The Industry
Apr 12Benign Growth For Avensia AB (publ) (STO:AVEN) Underpins Stock's 26% Plummet
Feb 25Does Avensia (STO:AVEN) Have A Healthy Balance Sheet?
Jul 22Avensia (STO:AVEN) Has Gifted Shareholders With A Fantastic 227% Total Return On Their Investment
Feb 14We Think Avensia's (STO:AVEN) Statutory Profit Might Understate Its Earnings Potential
Jan 31
Will Avensia's (STO:AVEN) Growth In ROCE Persist?
Jan 16Don't Ignore The Fact That This Insider Just Sold Some Shares In Avensia AB (publ) (STO:AVEN)
Dec 30Are Strong Financial Prospects The Force That Is Driving The Momentum In Avensia AB (publ)'s STO:AVEN) Stock?
Dec 21Avensia (STO:AVEN) Could Be A Buy For Its Upcoming Dividend
Dec 06Financial Position Analysis
Short Term Liabilities: AVEN's short term assets (SEK119.8M) exceed its short term liabilities (SEK102.5M).
Long Term Liabilities: AVEN's short term assets (SEK119.8M) exceed its long term liabilities (SEK61.0M).
Debt to Equity History and Analysis
Debt Level: AVEN is debt free.
Reducing Debt: AVEN had no debt 5 years ago.
Debt Coverage: AVEN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AVEN has no debt, therefore coverage of interest payments is not a concern.