Acceleware Balance Sheet Health
Financial Health criteria checks 2/6
Acceleware has a total shareholder equity of CA$-6.4M and total debt of CA$2.5M, which brings its debt-to-equity ratio to -39.9%. Its total assets and total liabilities are CA$638.5K and CA$7.0M respectively. Acceleware's EBIT is CA$2.4M making its interest coverage ratio 3.6. It has cash and short-term investments of CA$522.0K.
Key information
-39.9%
Debt to equity ratio
CA$2.53m
Debt
| Interest coverage ratio | 3.6x |
| Cash | CA$522.01k |
| Equity | -CA$6.36m |
| Total liabilities | CA$7.00m |
| Total assets | CA$638.53k |
Financial Position Analysis
Short Term Liabilities: AXE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AXE has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AXE has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AXE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: AXE's debt is well covered by operating cash flow (40.6%).
Interest Coverage: AXE's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 07:36 |
| End of Day Share Price | 2024/12/19 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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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
Acceleware Ltd. is covered by 2 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 |
|---|---|
| Siddharth Rajeev | Fundamental Research Corp. |
| Jim Powell | Northern Securities |