Avira Resources's level of debt (79.8%) compared to net worth is high (greater than 40%).

How is Avira Resources's financial position?

Health Score:

Net Worth

AUD20122013201420152016201720182019A$0A$1.5MNet worth

AUDShort termLong termNet worthLiabilitiesAssets

Avira Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Avira Resources has no long term commitments.

Historical Debt

AUDDebtNet worth (Equity)2013201420152016201720182019A$-10mA$15m

Avira Resources's level of debt (79.8%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (43.3% vs 79.8% today).

Operating cash flow is negative therefore debt is not well covered.

Avira Resources is making a loss, therefore interest payments are not well covered by earnings.

Avira Resources's level of debt (79.8%) compared to net worth is high (greater than 40%).The level of debt compared to net worth has increased over the past 5 years (43.3% vs 79.8% today).Operating cash flow is negative therefore debt is not well covered.Avira Resources is making a loss, therefore interest payments are not well covered by earnings.