accesso Technology Group Balance Sheet Health
Financial Health criteria checks 6/6
accesso Technology Group has a total shareholder equity of $193.5M and total debt of $20.3M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are $274.0M and $80.5M respectively. accesso Technology Group's EBIT is $12.6M making its interest coverage ratio 18.8. It has cash and short-term investments of $51.8M.
Key information
10.5%
Debt to equity ratio
US$20.35m
Debt
| Interest coverage ratio | 18.8x |
| Cash | US$51.81m |
| Equity | US$193.50m |
| Total liabilities | US$80.47m |
| Total assets | US$273.97m |
Recent financial health updates
Recent updates
Market Participants Recognise accesso Technology Group plc's (LON:ACSO) Earnings Pushing Shares 26% Higher
May 03
Investors Can Find Comfort In accesso Technology Group's (LON:ACSO) Earnings Quality
Apr 25accesso Technology Group plc Just Recorded A 78% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 19At UK£5.92, Is accesso Technology Group plc (LON:ACSO) Worth Looking At Closely?
Sep 22Is There An Opportunity With accesso Technology Group plc's (LON:ACSO) 26% Undervaluation?
Mar 15Is accesso Technology Group plc (LON:ACSO) Trading At A 34% Discount?
Nov 24The Returns At accesso Technology Group (LON:ACSO) Aren't Growing
Sep 21Is It Time To Consider Buying accesso Technology Group plc (LON:ACSO)?
May 20We Think That There Are Issues Underlying accesso Technology Group's (LON:ACSO) Earnings
Mar 29accesso Technology Group (LON:ACSO) Is Reinvesting At Lower Rates Of Return
Mar 24Analysts Just Made A Substantial Upgrade To Their accesso Technology Group plc (LON:ACSO) Forecasts
Jul 09Is accesso Technology Group plc (LON:ACSO) Trading At A 40% Discount?
Jun 12Need To Know: The Consensus Just Cut Its accesso Technology Group plc (LON:ACSO) Estimates For 2021
May 22Is accesso Technology Group (LON:ACSO) Using Too Much Debt?
Apr 28UK£6.41 - That's What Analysts Think accesso Technology Group plc (LON:ACSO) Is Worth After These Results
Mar 26Need To Know: accesso Technology Group plc (LON:ACSO) Insiders Have Been Buying Shares
Feb 15If You Had Bought accesso Technology Group's (LON:ACSO) Shares Three Years Ago You Would Be Down 80%
Dec 21Financial Position Analysis
Short Term Liabilities: ACSO's short term assets ($88.3M) exceed its short term liabilities ($49.2M).
Long Term Liabilities: ACSO's short term assets ($88.3M) exceed its long term liabilities ($31.3M).
Debt to Equity History and Analysis
Debt Level: ACSO has more cash than its total debt.
Reducing Debt: ACSO's debt to equity ratio has reduced from 11.2% to 10.5% over the past 5 years.
Debt Coverage: ACSO's debt is well covered by operating cash flow (126.3%).
Interest Coverage: ACSO's interest payments on its debt are well covered by EBIT (18.8x coverage).