Avarga Balance Sheet Health
Financial Health criteria checks 6/6
Avarga has a total shareholder equity of SGD476.2M and total debt of SGD14.5M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are SGD728.0M and SGD251.8M respectively. Avarga's EBIT is SGD53.4M making its interest coverage ratio 45. It has cash and short-term investments of SGD92.2M.
Key information
3.0%
Debt to equity ratio
S$14.47m
Debt
| Interest coverage ratio | 45x |
| Cash | S$92.21m |
| Equity | S$476.18m |
| Total liabilities | S$251.81m |
| Total assets | S$727.99m |
Recent financial health updates
Does Avarga (SGX:U09) Have A Healthy Balance Sheet?
Oct 05
Avarga (SGX:U09) Has A Pretty Healthy Balance Sheet
May 15These 4 Measures Indicate That Avarga (SGX:U09) Is Using Debt Extensively
Sep 29Is Avarga (SGX:U09) A Risky Investment?
Apr 14Recent updates
Avarga's (SGX:U09) Conservative Accounting Might Explain Soft Earnings
Apr 09Does Avarga (SGX:U09) Have A Healthy Balance Sheet?
Oct 05Avarga (SGX:U09) Has A Pretty Healthy Balance Sheet
May 15Avarga (SGX:U09) Shareholders Will Want The ROCE Trajectory To Continue
Oct 31These 4 Measures Indicate That Avarga (SGX:U09) Is Using Debt Extensively
Sep 29Is Avarga (SGX:U09) A Risky Investment?
Apr 14Avarga (SGX:U09) Is Very Good At Capital Allocation
Apr 01Announcing: Avarga (SGX:U09) Stock Increased An Energizing 133% In The Last Year
Mar 17Do Avarga's (SGX:U09) Earnings Warrant Your Attention?
Mar 03Estimating The Fair Value Of Avarga Limited (SGX:U09)
Feb 19What Percentage Of Avarga Limited (SGX:U09) Shares Do Insiders Own?
Jan 26
Who Has Been Selling Avarga Limited (SGX:U09) Shares?
Jan 14Are Avarga's (SGX:U09) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 29We Like These Underlying Trends At Avarga (SGX:U09)
Dec 03Financial Position Analysis
Short Term Liabilities: U09's short term assets (SGD529.1M) exceed its short term liabilities (SGD151.8M).
Long Term Liabilities: U09's short term assets (SGD529.1M) exceed its long term liabilities (SGD100.0M).
Debt to Equity History and Analysis
Debt Level: U09 has more cash than its total debt.
Reducing Debt: U09's debt to equity ratio has reduced from 81.3% to 3% over the past 5 years.
Debt Coverage: U09's debt is well covered by operating cash flow (505.7%).
Interest Coverage: U09's interest payments on its debt are well covered by EBIT (45x coverage).