Actibond Growth Fund Balance Sheet Health
Financial Health criteria checks 6/6
Actibond Growth Fund has a total shareholder equity of €1.8M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €1.8M and €60.5K respectively. Actibond Growth Fund's EBIT is €559.8K making its interest coverage ratio 46652.2. It has cash and short-term investments of €1.8M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | 46652.2x |
Cash | €1.80m |
Equity | €1.77m |
Total liabilities | €60.50k |
Total assets | €1.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACT's short term assets (€1.8M) exceed its short term liabilities (€60.5K).
Long Term Liabilities: ACT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ACT is debt free.
Reducing Debt: ACT has not had any debt for past 5 years.
Debt Coverage: ACT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ACT has no debt, therefore coverage of interest payments is not a concern.