Accent Group Balance Sheet Health
Financial Health criteria checks 4/6
Accent Group has a total shareholder equity of A$452.6M and total debt of A$139.1M, which brings its debt-to-equity ratio to 30.7%. Its total assets and total liabilities are A$1.2B and A$763.9M respectively. Accent Group's EBIT is A$115.9M making its interest coverage ratio 5.2. It has cash and short-term investments of A$47.7M.
Key information
30.7%
Debt to equity ratio
AU$139.06m
Debt
| Interest coverage ratio | 5.2x |
| Cash | AU$47.67m |
| Equity | AU$452.56m |
| Total liabilities | AU$763.85m |
| Total assets | AU$1.22b |
Recent financial health updates
Does Accent Group (ASX:AX1) Have A Healthy Balance Sheet?
Aug 25
Accent Group (ASX:AX1) Seems To Use Debt Quite Sensibly
Mar 31Accent Group (ASX:AX1) Has A Somewhat Strained Balance Sheet
Oct 13Is Accent Group (ASX:AX1) Using Too Much Debt?
Mar 15Recent updates
Here's What To Make Of Accent Group's (ASX:AX1) Decelerating Rates Of Return
Apr 17At AU$2.02, Is It Time To Put Accent Group Limited (ASX:AX1) On Your Watch List?
Feb 29Returns At Accent Group (ASX:AX1) Appear To Be Weighed Down
Nov 21Shareholders May Be More Conservative With Accent Group Limited's (ASX:AX1) CEO Compensation For Now
Nov 10Accent Group's (ASX:AX1) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 28Does Accent Group (ASX:AX1) Have A Healthy Balance Sheet?
Aug 25Is It Too Late To Consider Buying Accent Group Limited (ASX:AX1)?
May 22Accent Group (ASX:AX1) Seems To Use Debt Quite Sensibly
Mar 31Accent Group (ASX:AX1) Will Be Hoping To Turn Its Returns On Capital Around
Dec 20Accent Group (ASX:AX1) Has A Somewhat Strained Balance Sheet
Oct 13Returns On Capital Signal Tricky Times Ahead For Accent Group (ASX:AX1)
Sep 05Accent Group (ASX:AX1) Is Paying Out A Larger Dividend Than Last Year
Aug 22Accent Group's (ASX:AX1) Returns Have Hit A Wall
Jan 24Shareholders May Not Be So Generous With Accent Group Limited's (ASX:AX1) CEO Compensation And Here's Why
Nov 12Is Accent Group Limited (ASX:AX1) Potentially Undervalued?
Sep 19Revenue Beat: Accent Group Limited Exceeded Revenue Forecasts By 7.9% And Analysts Are Updating Their Estimates
Aug 22Accent Group (ASX:AX1) Is Paying Out Less In Dividends Than Last Year
Aug 20I Ran A Stock Scan For Earnings Growth And Accent Group (ASX:AX1) Passed With Ease
Jul 30Accent Group's (ASX:AX1) Returns On Capital Are Heading Higher
Jul 13Is Accent Group Limited (ASX:AX1) Potentially Undervalued?
Jun 12Accent Group Limited (ASX:AX1) Shares Could Be 46% Below Their Intrinsic Value Estimate
Apr 30Do Accent Group's (ASX:AX1) Earnings Warrant Your Attention?
Apr 19Returns Are Gaining Momentum At Accent Group (ASX:AX1)
Apr 07Is Accent Group (ASX:AX1) Using Too Much Debt?
Mar 15There's A Lot To Like About Accent Group's (ASX:AX1) Upcoming AU$0.08 Dividend
Mar 05How Much Of Accent Group Limited (ASX:AX1) Do Insiders Own?
Feb 28Is Accent Group Limited's (ASX:AX1) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Feb 19
Should You Investigate Accent Group Limited (ASX:RCG) At AU$2.36?
Feb 08Shareholders Of Accent Group (ASX:AX1) Must Be Happy With Their 206% Total Return
Jan 28We Think Accent Group's (ASX:AX1) Statutory Profit Might Understate Its Earnings Potential
Jan 17Is Accent Group Limited (ASX:AX1) A Smart Choice For Dividend Investors?
Jan 07What Can The Trends At Accent Group (ASX:AX1) Tell Us About Their Returns?
Dec 27A Quick Analysis On Accent Group's (ASX:AX1) CEO Salary
Dec 17Is Accent Group Limited (ASX:AX1) Trading At A 45% Discount?
Dec 07Have Insiders Been Selling Accent Group Limited (ASX:AX1) Shares?
Nov 28Financial Position Analysis
Short Term Liabilities: AX1's short term assets (A$361.4M) exceed its short term liabilities (A$317.5M).
Long Term Liabilities: AX1's short term assets (A$361.4M) do not cover its long term liabilities (A$446.4M).
Debt to Equity History and Analysis
Debt Level: AX1's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: AX1's debt to equity ratio has increased from 17.7% to 30.7% over the past 5 years.
Debt Coverage: AX1's debt is well covered by operating cash flow (167.3%).
Interest Coverage: AX1's interest payments on its debt are well covered by EBIT (5.2x coverage).