Aveng Financial Health
How is Aveng's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: AEG's short term assets (ZAR8.3B) exceed its short term liabilities (ZAR7.2B).
Long Term Liabilities: AEG's short term assets (ZAR8.3B) exceed its long term liabilities (ZAR1.6B).
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 58.7% to 19.9% over the past 5 years.
Debt Coverage: AEG's debt is well covered by operating cash flow (154.6%).
Interest Coverage: AEG's interest payments on its debt are not well covered by EBIT (2.6x coverage).