Australian Vintage Balance Sheet Health
Financial Health criteria checks 4/6
Australian Vintage has a total shareholder equity of A$296.4M and total debt of A$77.5M, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are A$495.5M and A$199.1M respectively. Australian Vintage's EBIT is A$1.2M making its interest coverage ratio 0.3. It has cash and short-term investments of A$9.8M.
Key information
26.1%
Debt to equity ratio
AU$77.50m
Debt
| Interest coverage ratio | 0.3x |
| Cash | AU$9.78m |
| Equity | AU$296.44m |
| Total liabilities | AU$199.08m |
| Total assets | AU$495.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUVG.F's short term assets (A$250.4M) exceed its short term liabilities (A$54.4M).
Long Term Liabilities: AUVG.F's short term assets (A$250.4M) exceed its long term liabilities (A$144.7M).
Debt to Equity History and Analysis
Debt Level: AUVG.F's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: AUVG.F's debt to equity ratio has reduced from 29.9% to 26.1% over the past 5 years.
Debt Coverage: AUVG.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AUVG.F's interest payments on its debt are not well covered by EBIT (0.3x coverage).