AVI Balance Sheet Health
Financial Health criteria checks 6/6
AVI has a total shareholder equity of ZAR5.8B and total debt of ZAR1.2B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are ZAR10.3B and ZAR4.5B respectively. AVI's EBIT is ZAR3.3B making its interest coverage ratio 17.9. It has cash and short-term investments of ZAR352.9M.
Key information
21.2%
Debt to equity ratio
R1.23b
Debt
| Interest coverage ratio | 17.9x |
| Cash | R352.90m |
| Equity | R5.78b |
| Total liabilities | R4.52b |
| Total assets | R10.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVI's short term assets (ZAR5.5B) exceed its short term liabilities (ZAR3.4B).
Long Term Liabilities: AVI's short term assets (ZAR5.5B) exceed its long term liabilities (ZAR1.1B).
Debt to Equity History and Analysis
Debt Level: AVI's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: AVI's debt to equity ratio has reduced from 50% to 21.2% over the past 5 years.
Debt Coverage: AVI's debt is well covered by operating cash flow (217.1%).
Interest Coverage: AVI's interest payments on its debt are well covered by EBIT (17.9x coverage).