Accrol Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Accrol Group Holdings has a total shareholder equity of £78.6M and total debt of £22.8M, which brings its debt-to-equity ratio to 29%. Its total assets and total liabilities are £198.1M and £119.5M respectively. Accrol Group Holdings's EBIT is £5.5M making its interest coverage ratio 1.1. It has cash and short-term investments of £3.3M.
Key information
29.0%
Debt to equity ratio
UK£22.75m
Debt
| Interest coverage ratio | 1.1x |
| Cash | UK£3.26m |
| Equity | UK£78.58m |
| Total liabilities | UK£119.50m |
| Total assets | UK£198.08m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0AE's short term assets (£56.9M) do not cover its short term liabilities (£85.0M).
Long Term Liabilities: 0AE's short term assets (£56.9M) exceed its long term liabilities (£34.6M).
Debt to Equity History and Analysis
Debt Level: 0AE's net debt to equity ratio (24.8%) is considered satisfactory.
Reducing Debt: 0AE's debt to equity ratio has reduced from 41.3% to 29% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 0AE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 0AE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 45.3% per year.