accesso Technology Group Balance Sheet Health
Financial Health criteria checks 6/6
accesso Technology Group has a total shareholder equity of $193.7M and total debt of $18.9M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are $257.9M and $64.2M respectively. accesso Technology Group's EBIT is $12.2M making its interest coverage ratio 8. It has cash and short-term investments of $37.2M.
Key information
9.8%
Debt to equity ratio
US$18.91m
Debt
| Interest coverage ratio | 8x |
| Cash | US$37.20m |
| Equity | US$193.67m |
| Total liabilities | US$64.21m |
| Total assets | US$257.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LQG's short term assets ($74.2M) exceed its short term liabilities ($34.7M).
Long Term Liabilities: LQG's short term assets ($74.2M) exceed its long term liabilities ($29.5M).
Debt to Equity History and Analysis
Debt Level: LQG has more cash than its total debt.
Reducing Debt: LQG's debt to equity ratio has reduced from 13.7% to 9.8% over the past 5 years.
Debt Coverage: LQG's debt is well covered by operating cash flow (105.1%).
Interest Coverage: LQG's interest payments on its debt are well covered by EBIT (8x coverage).