Avalon Advanced Materials Balance Sheet Health
Financial Health criteria checks 2/6
Avalon Advanced Materials has a total shareholder equity of CA$129.8M and total debt of CA$3.1M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are CA$135.9M and CA$6.1M respectively.
Key information
2.4%
Debt to equity ratio
CA$3.12m
Debt
Interest coverage ratio | n/a |
Cash | CA$753.23k |
Equity | CA$129.76m |
Total liabilities | CA$6.12m |
Total assets | CA$135.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVLN.F's short term assets (CA$988.3K) do not cover its short term liabilities (CA$2.0M).
Long Term Liabilities: AVLN.F's short term assets (CA$988.3K) do not cover its long term liabilities (CA$4.1M).
Debt to Equity History and Analysis
Debt Level: AVLN.F's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: AVLN.F's debt to equity ratio has reduced from 2.4% to 2.4% over the past 5 years.
Debt Coverage: AVLN.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AVLN.F's interest payments on its debt are well covered by EBIT.