Avenira Balance Sheet Health
Financial Health criteria checks 4/6
Avenira has a total shareholder equity of A$15.6M and total debt of A$3.6M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are A$24.6M and A$9.0M respectively.
Key information
23.1%
Debt to equity ratio
AU$3.60m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.12m |
| Equity | AU$15.61m |
| Total liabilities | AU$8.97m |
| Total assets | AU$24.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MMMK.F's short term assets (A$4.4M) do not cover its short term liabilities (A$6.9M).
Long Term Liabilities: MMMK.F's short term assets (A$4.4M) exceed its long term liabilities (A$2.0M).
Debt to Equity History and Analysis
Debt Level: MMMK.F has more cash than its total debt.
Reducing Debt: MMMK.F's debt to equity ratio has increased from 15.3% to 23.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MMMK.F has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MMMK.F has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 34.7% each year.