Accsys Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Accsys Technologies has a total shareholder equity of €109.4M and total debt of €64.2M, which brings its debt-to-equity ratio to 58.7%. Its total assets and total liabilities are €207.5M and €98.2M respectively. Accsys Technologies's EBIT is €11.8M making its interest coverage ratio 4.2. It has cash and short-term investments of €20.8M.
Key information
58.7%
Debt to equity ratio
€64.18m
Debt
| Interest coverage ratio | 4.2x |
| Cash | €20.78m |
| Equity | €109.36m |
| Total liabilities | €98.17m |
| Total assets | €207.53m |
Recent financial health updates
Is Accsys Technologies (LON:AXS) Using Too Much Debt?
Sep 02
We Think Accsys Technologies (LON:AXS) Is Taking Some Risk With Its Debt
Dec 19
Recent updates
Revenues Not Telling The Story For Accsys Technologies PLC (LON:AXS)
Mar 28Is Accsys Technologies (LON:AXS) Using Too Much Debt?
Sep 02Accsys Technologies (LON:AXS) Might Have The Makings Of A Multi-Bagger
May 23Accsys Technologies (LON:AXS) Shareholders Will Want The ROCE Trajectory To Continue
Jan 20Should You Investigate Accsys Technologies PLC (LON:AXS) At UK£0.67?
Oct 20Accsys Technologies PLC's (LON:AXS) P/E Is On The Mark
Sep 13Accsys Technologies (LON:AXS) Shareholders Will Want The ROCE Trajectory To Continue
Feb 24Accsys Technologies PLC (LON:AXS) Yearly Results: Here's What Analysts Are Forecasting For This Year
Jun 24At UK£1.56, Is Accsys Technologies PLC (LON:AXS) Worth Looking At Closely?
Apr 09Will The ROCE Trend At Accsys Technologies (LON:AXS) Continue?
Mar 07Introducing Accsys Technologies (LON:AXS), The Stock That Zoomed 148% In The Last Five Years
Feb 09We Think Accsys Technologies (LON:AXS) Is Taking Some Risk With Its Debt
Dec 19Will the Promising Trends At Accsys Technologies (LON:AXS) Continue?
Nov 28Financial Position Analysis
Short Term Liabilities: AXS's short term assets (€66.7M) exceed its short term liabilities (€38.4M).
Long Term Liabilities: AXS's short term assets (€66.7M) exceed its long term liabilities (€59.8M).
Debt to Equity History and Analysis
Debt Level: AXS's net debt to equity ratio (39.7%) is considered satisfactory.
Reducing Debt: AXS's debt to equity ratio has reduced from 72.4% to 58.7% 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 AXS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AXS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.8% per year.