Actcelerate International Group Balance Sheet Health
Financial Health criteria checks 3/6
Actcelerate International Group has a total shareholder equity of A$1.1M and total debt of A$173.0K, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are A$1.5M and A$335.6K respectively.
Key information
15.1%
Debt to equity ratio
AU$172.96k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$297.05k |
| Equity | AU$1.15m |
| Total liabilities | AU$335.60k |
| Total assets | AU$1.48m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: ACT's short term assets (A$311.5K) do not cover its short term liabilities (A$335.6K).
Long Term Liabilities: ACT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ACT has more cash than its total debt.
Reducing Debt: ACT's debt to equity ratio has reduced from 31.3% to 15.1% over the past 5 years.
Debt Coverage: ACT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ACT's interest payments on its debt are well covered by EBIT.