Aveng Balance Sheet Health
Financial Health criteria checks 4/6
Aveng has a total shareholder equity of ZAR3.2B and total debt of ZAR901.0M, which brings its debt-to-equity ratio to 28.5%. Its total assets and total liabilities are ZAR14.2B and ZAR11.1B respectively.
Key information
28.5%
Debt to equity ratio
R901.00m
Debt
Interest coverage ratio | n/a |
Cash | R3.12b |
Equity | R3.16b |
Total liabilities | R11.08b |
Total assets | R14.24b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AEG's short term assets (ZAR8.9B) exceed its short term liabilities (ZAR8.8B).
Long Term Liabilities: AEG's short term assets (ZAR8.9B) exceed its long term liabilities (ZAR2.2B).
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 70.1% to 28.5% 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: Insufficient data to determine if AEG has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AEG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.