AVI Balance Sheet Health
Financial Health criteria checks 6/6
AVI has a total shareholder equity of ZAR5.4B and total debt of ZAR1.7B, which brings its debt-to-equity ratio to 32.5%. Its total assets and total liabilities are ZAR10.2B and ZAR4.8B respectively. AVI's EBIT is ZAR3.0B making its interest coverage ratio 14.4. It has cash and short-term investments of ZAR507.7M.
Key information
32.5%
Debt to equity ratio
R1.75b
Debt
Interest coverage ratio | 14.4x |
Cash | R507.70m |
Equity | R5.38b |
Total liabilities | R4.79b |
Total assets | R10.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVI's short term assets (ZAR5.4B) exceed its short term liabilities (ZAR3.7B).
Long Term Liabilities: AVI's short term assets (ZAR5.4B) exceed its long term liabilities (ZAR1.1B).
Debt to Equity History and Analysis
Debt Level: AVI's net debt to equity ratio (23.1%) is considered satisfactory.
Reducing Debt: AVI's debt to equity ratio has reduced from 53.6% to 32.5% over the past 5 years.
Debt Coverage: AVI's debt is well covered by operating cash flow (165.4%).
Interest Coverage: AVI's interest payments on its debt are well covered by EBIT (14.4x coverage).