ACT Energy Technologies Balance Sheet Health
Financial Health criteria checks 5/6
ACT Energy Technologies has a total shareholder equity of CA$225.8M and total debt of CA$92.5M, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are CA$442.6M and CA$216.8M respectively. ACT Energy Technologies's EBIT is CA$55.8M making its interest coverage ratio 5.5. It has cash and short-term investments of CA$17.5M.
Key information
40.9%
Debt to equity ratio
CA$92.45m
Debt
| Interest coverage ratio | 5.5x |
| Cash | CA$17.49m |
| Equity | CA$225.83m |
| Total liabilities | CA$216.77m |
| Total assets | CA$442.59m |
Recent financial health updates
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Mar 04
Health Check: How Prudently Does Cathedral Energy Services (TSE:CET) Use Debt?
Nov 13Cathedral Energy Services (TSE:CET) Is Carrying A Fair Bit Of Debt
Dec 16Recent updates
Take Care Before Jumping Onto Cathedral Energy Services Ltd. (TSE:CET) Even Though It's 86% Cheaper
Jul 04Cathedral Energy Services Ltd.'s (TSE:CET) CEO Looks Like They Deserve Their Pay Packet
May 03Some May Be Optimistic About Cathedral Energy Services' (TSE:CET) Earnings
Apr 04Does Cathedral Energy Services (TSE:CET) Have A Healthy Balance Sheet?
Mar 04Cathedral Energy Services' (TSE:CET) Earnings Aren't As Good As They Appear
Nov 22Health Check: How Prudently Does Cathedral Energy Services (TSE:CET) Use Debt?
Nov 13Cathedral Energy Services (TSE:CET) Is Carrying A Fair Bit Of Debt
Dec 16Financial Position Analysis
Short Term Liabilities: ACX's short term assets (CA$179.8M) exceed its short term liabilities (CA$122.1M).
Long Term Liabilities: ACX's short term assets (CA$179.8M) exceed its long term liabilities (CA$94.6M).
Debt to Equity History and Analysis
Debt Level: ACX's net debt to equity ratio (33.2%) is considered satisfactory.
Reducing Debt: ACX's debt to equity ratio has increased from 9.3% to 40.9% over the past 5 years.
Debt Coverage: ACX's debt is well covered by operating cash flow (92.8%).
Interest Coverage: ACX's interest payments on its debt are well covered by EBIT (5.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 13:12 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
ACT Energy Technologies Ltd. is covered by 12 analysts. 4 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 |
|---|---|
| Jim Byrne | Acumen Capital Finance Partners Limited |
| Tim Monachello | ATB Capital Markets |
| Jeffrey Fetterly | CIBC Capital Markets |