Acanthe Développement Balance Sheet Health
Financial Health criteria checks 6/6
Acanthe Développement has a total shareholder equity of €153.3M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €163.2M and €9.9M respectively.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | n/a |
Cash | €25.07m |
Equity | €153.26m |
Total liabilities | €9.95m |
Total assets | €163.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADX's short term assets (€41.2M) exceed its short term liabilities (€4.0M).
Long Term Liabilities: ADX's short term assets (€41.2M) exceed its long term liabilities (€6.0M).
Debt to Equity History and Analysis
Debt Level: ADX is debt free.
Reducing Debt: ADX has no debt compared to 5 years ago when its debt to equity ratio was 13.7%.
Debt Coverage: ADX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ADX has no debt, therefore coverage of interest payments is not a concern.