Acumentis Group Balance Sheet Health
Financial Health criteria checks 6/6
Acumentis Group has a total shareholder equity of A$25.8M and total debt of A$39.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are A$38.5M and A$12.7M respectively. Acumentis Group's EBIT is A$856.0K making its interest coverage ratio 6. It has cash and short-term investments of A$4.4M.
Key information
0.2%
Debt to equity ratio
AU$39.00k
Debt
| Interest coverage ratio | 6x |
| Cash | AU$4.41m |
| Equity | AU$25.81m |
| Total liabilities | AU$12.66m |
| Total assets | AU$38.47m |
Recent financial health updates
Is Acumentis Group (ASX:ACU) A Risky Investment?
Oct 06
These 4 Measures Indicate That Acumentis Group (ASX:ACU) Is Using Debt Reasonably Well
Jun 03Here's Why Acumentis Group (ASX:ACU) Can Afford Some Debt
Dec 14Recent updates
Here's Why Acumentis Group (ASX:ACU) Has Caught The Eye Of Investors
Aug 31There's No Escaping Acumentis Group Limited's (ASX:ACU) Muted Revenues Despite A 25% Share Price Rise
Apr 07Investors Aren't Buying Acumentis Group Limited's (ASX:ACU) Revenues
Feb 21Calculating The Intrinsic Value Of Acumentis Group Limited (ASX:ACU)
Oct 13It's Probably Less Likely That Acumentis Group Limited's (ASX:ACU) CEO Will See A Huge Pay Rise This Year
Oct 21Is Acumentis Group (ASX:ACU) A Risky Investment?
Oct 06These 4 Measures Indicate That Acumentis Group (ASX:ACU) Is Using Debt Reasonably Well
Jun 03Have Insiders Sold Acumentis Group Limited (ASX:ACU) Shares Recently?
Feb 18Here's Why Acumentis Group (ASX:ACU) Can Afford Some Debt
Dec 14Financial Position Analysis
Short Term Liabilities: ACU's short term assets (A$11.4M) exceed its short term liabilities (A$10.8M).
Long Term Liabilities: ACU's short term assets (A$11.4M) exceed its long term liabilities (A$1.9M).
Debt to Equity History and Analysis
Debt Level: ACU has more cash than its total debt.
Reducing Debt: ACU's debt to equity ratio has reduced from 21.6% to 0.2% over the past 5 years.
Debt Coverage: ACU's debt is well covered by operating cash flow (12456.4%).
Interest Coverage: ACU's interest payments on its debt are well covered by EBIT (6x coverage).