Aveng Balance Sheet Health
Financial Health criteria checks 6/6
Aveng has a total shareholder equity of A$282.0M and total debt of A$7.7M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are A$1.3B and A$980.7M respectively. Aveng's EBIT is A$39.8M making its interest coverage ratio 4.9. It has cash and short-term investments of A$227.7M.
Key information
2.7%
Debt to equity ratio
AU$7.69m
Debt
| Interest coverage ratio | 4.9x |
| Cash | AU$227.68m |
| Equity | AU$281.96m |
| Total liabilities | AU$980.71m |
| Total assets | AU$1.26b |
Financial Position Analysis
Short Term Liabilities: AEG's short term assets (A$817.3M) exceed its short term liabilities (A$805.4M).
Long Term Liabilities: AEG's short term assets (A$817.3M) exceed its long term liabilities (A$175.3M).
Debt to Equity History and Analysis
Debt Level: AEG has more cash than its total debt.
Reducing Debt: AEG's debt to equity ratio has reduced from 76.2% to 2.7% over the past 5 years.
Debt Coverage: AEG's debt is well covered by operating cash flow (1786.9%).
Interest Coverage: AEG's interest payments on its debt are well covered by EBIT (4.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 07:17 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Aveng Limited is covered by 21 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anashrin Pillay | Afrifocus Securities (Pty) Ltd. |
| Thomas Renaud | ARROWHEAD Business and Investment Decisions, LLC |
| Garth Arenz | Avior Capital Markets |