Avon Protection Balance Sheet Health
Financial Health criteria checks 1/6
Avon Protection has a total shareholder equity of $159.4M and total debt of $77.7M, which brings its debt-to-equity ratio to 48.7%. Its total assets and total liabilities are $348.1M and $188.7M respectively. Avon Protection's EBIT is $14.5M making its interest coverage ratio 2. It has cash and short-term investments of $13.5M.
Key information
48.7%
Debt to equity ratio
US$77.70m
Debt
Interest coverage ratio | 2x |
Cash | US$13.50m |
Equity | US$159.40m |
Total liabilities | US$188.70m |
Total assets | US$348.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVNB.F's short term assets ($126.2M) exceed its short term liabilities ($40.0M).
Long Term Liabilities: AVNB.F's short term assets ($126.2M) do not cover its long term liabilities ($148.7M).
Debt to Equity History and Analysis
Debt Level: AVNB.F's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: AVNB.F's debt to equity ratio has increased from 0.1% to 48.7% over the past 5 years.
Debt Coverage: AVNB.F's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: AVNB.F's interest payments on its debt are not well covered by EBIT (2x coverage).