Ackroo Balance Sheet Health

Financial Health criteria checks 1/6

Ackroo has a total shareholder equity of CA$1.9M and total debt of CA$3.0M, which brings its debt-to-equity ratio to 157.1%. Its total assets and total liabilities are CA$6.8M and CA$4.9M respectively. Ackroo's EBIT is CA$374.5K making its interest coverage ratio 1. It has cash and short-term investments of CA$132.7K.

Key information

157.1%

Debt to equity ratio

CA$2.99m

Debt

Interest coverage ratio	1x
Cash	CA$132.68k
Equity	CA$1.90m
Total liabilities	CA$4.90m
Total assets	CA$6.80m

Recent financial health updates

Recent updates

These 4 Measures Indicate That Ackroo (CVE:AKR) Is Using Debt Reasonably Well

Mar 01

Is Ackroo (CVE:AKR) Using Too Much Debt?

Nov 09

Does Ackroo (CVE:AKR) Have A Healthy Balance Sheet?

Jul 27

Here's Why Ackroo (CVE:AKR) Can Afford Some Debt

Mar 16

Is Ackroo (CVE:AKR) A Risky Investment?

Nov 25

Is Ackroo (CVE:AKR) A Risky Investment?

Aug 10

Ackroo (CVE:AKR) Is Carrying A Fair Bit Of Debt

Dec 09

Increases to CEO Compensation Might Be Put On Hold For Now at Ackroo Inc. (CVE:AKR)

Aug 26

Ackroo (CVE:AKR) Is Making Moderate Use Of Debt

Jun 11

Need To Know: Ackroo Inc. (CVE:AKR) Insiders Have Been Buying Shares

Feb 26

Financial Position Analysis

Short Term Liabilities: AKR's short term assets (CA$616.4K) do not cover its short term liabilities (CA$3.7M).

Long Term Liabilities: AKR's short term assets (CA$616.4K) do not cover its long term liabilities (CA$1.2M).

Debt to Equity History and Analysis

Debt Level: AKR's net debt to equity ratio (150.1%) is considered high.

Reducing Debt: AKR's debt to equity ratio has increased from 19.5% to 157.1% over the past 5 years.

Debt Coverage: AKR's debt is well covered by operating cash flow (20.3%).

Interest Coverage: AKR's interest payments on its debt are not well covered by EBIT (1x coverage).

Balance Sheet

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Ackroo Balance Sheet Health

Financial Health criteria checks 1/6

Key information

Recent financial health updates

These 4 Measures Indicate That Ackroo (CVE:AKR) Is Using Debt Reasonably Well

Is Ackroo (CVE:AKR) Using Too Much Debt?

Does Ackroo (CVE:AKR) Have A Healthy Balance Sheet?

Here's Why Ackroo (CVE:AKR) Can Afford Some Debt

Is Ackroo (CVE:AKR) A Risky Investment?

Is Ackroo (CVE:AKR) A Risky Investment?

Recent updates

These 4 Measures Indicate That Ackroo (CVE:AKR) Is Using Debt Reasonably Well

New major risk - Share price stability

Ackroo Inc. (TSXV:AKR) completed the acquisition of Assets of GiftFly LLC.

New major risk - Financial position

Third quarter 2023 earnings released: EPS: CA$0 (vs CA$0.011 loss in 3Q 2022)

Is Ackroo (CVE:AKR) Using Too Much Debt?

Ackroo Inc., Annual General Meeting, Dec 07, 2023

Second quarter 2023 earnings released: CA$0.001 loss per share (vs CA$0.003 loss in 2Q 2022)

New minor risk - Shareholder dilution

Does Ackroo (CVE:AKR) Have A Healthy Balance Sheet?

Full year 2022 earnings released: CA$0.018 loss per share (vs CA$0.024 loss in FY 2021)

Here's Why Ackroo (CVE:AKR) Can Afford Some Debt

Ackroo Inc. (TSXV:AKR) acquired All of the assets of Simpliconnect, Inc.

Ackroo Inc. (TSXV:AKR) entered into a definitive asset purchase agreement to acquire All the assets of Simpliconnect, Inc. for $2 million.

Is Ackroo (CVE:AKR) A Risky Investment?

Third quarter 2022 earnings released: CA$0.011 loss per share (vs CA$0.005 loss in 3Q 2021)

Now 25% undervalued after recent price drop

Ackroo Inc. Launches MarketingHub for their AckrooMKTG Clients

Is Ackroo (CVE:AKR) A Risky Investment?

Ackroo Inc., Annual General Meeting, Oct 06, 2022

Second quarter 2022 earnings released: CA$0.003 loss per share (vs CA$0.007 loss in 2Q 2021)

Ackroo Inc. Announces Board of Directors Appointments

Insufficient new directors

Ackroo Makes Changes to Their Board of Directors

Full year 2021 earnings released: CA$0.024 loss per share (vs CA$0.016 loss in FY 2020)

Ackroo (CVE:AKR) Is Carrying A Fair Bit Of Debt

Third quarter 2021 earnings released: CA$0.005 loss per share (vs CA$0.005 loss in 3Q 2020)

Increases to CEO Compensation Might Be Put On Hold For Now at Ackroo Inc. (CVE:AKR)

Second quarter 2021 earnings released: CA$0.007 loss per share (vs CA$0.006 loss in 2Q 2020)

Ackroo (CVE:AKR) Is Making Moderate Use Of Debt

First quarter 2021 earnings released: CA$0.006 loss per share (vs CA$0.007 loss in 1Q 2020)

Full year 2020 earnings released: CA$0.016 loss per share (vs CA$0.015 loss in FY 2019)

Need To Know: Ackroo Inc. (CVE:AKR) Insiders Have Been Buying Shares

New 90-day high: CA$0.23

New 90-day high: CA$0.23

CEO & Acting Chairman exercised options to buy CA$82k worth of stock.

New 90-day high: CA$0.22

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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