Acanthe Développement Balance Sheet Health
Financial Health criteria checks 5/6
Acanthe Développement has a total shareholder equity of €108.4M and total debt of €77.0K, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are €135.8M and €27.5M respectively.
Key information
0.07%
Debt to equity ratio
€77.00k
Debt
| Interest coverage ratio | n/a |
| Cash | €10.42m |
| Equity | €108.39m |
| Total liabilities | €27.46m |
| Total assets | €135.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADX's short term assets (€20.6M) exceed its short term liabilities (€12.5M).
Long Term Liabilities: ADX's short term assets (€20.6M) exceed its long term liabilities (€14.9M).
Debt to Equity History and Analysis
Debt Level: ADX has more cash than its total debt.
Reducing Debt: ADX's debt to equity ratio has reduced from 11% to 0.07% over the past 5 years.
Debt Coverage: ADX's debt is well covered by operating cash flow (8753.2%).
Interest Coverage: Insufficient data to determine if ADX's interest payments on its debt are well covered by EBIT.