Accent Resources Balance Sheet Health
Financial Health criteria checks 3/6
Accent Resources has a total shareholder equity of A$1.8M and total debt of A$19.2M, which brings its debt-to-equity ratio to 1064.2%. Its total assets and total liabilities are A$22.2M and A$20.4M respectively.
Key information
1,064.2%
Debt to equity ratio
AU$19.19m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$9.29m |
| Equity | AU$1.80m |
| Total liabilities | AU$20.42m |
| Total assets | AU$22.22m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ACS's short term assets (A$9.3M) do not cover its short term liabilities (A$10.2M).
Long Term Liabilities: ACS's short term assets (A$9.3M) do not cover its long term liabilities (A$10.2M).
Debt to Equity History and Analysis
Debt Level: ACS's net debt to equity ratio (549%) is considered high.
Reducing Debt: ACS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ACS has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ACS has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 23% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 18:48 |
| End of Day Share Price | 2024/12/12 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Accent Resources NL is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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