Acacia Research Balance Sheet Health
Financial Health criteria checks 5/6
Acacia Research has a total shareholder equity of $589.6M and total debt of $13.0M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are $631.7M and $42.1M respectively. Acacia Research's EBIT is $29.3M making its interest coverage ratio -2.2. It has cash and short-term investments of $498.4M.
Key information
2.2%
Debt to equity ratio
US$13.03m
Debt
Interest coverage ratio | -2.2x |
Cash | US$498.43m |
Equity | US$589.60m |
Total liabilities | US$42.12m |
Total assets | US$631.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AZG2's short term assets ($553.1M) exceed its short term liabilities ($25.8M).
Long Term Liabilities: AZG2's short term assets ($553.1M) exceed its long term liabilities ($16.3M).
Debt to Equity History and Analysis
Debt Level: AZG2 has more cash than its total debt.
Reducing Debt: AZG2's debt to equity ratio has increased from 0% to 2.2% over the past 5 years.
Debt Coverage: AZG2's debt is well covered by operating cash flow (281.6%).
Interest Coverage: AZG2 earns more interest than it pays, so coverage of interest payments is not a concern.