Accentis Balance Sheet Health
Financial Health criteria checks 6/6
Accentis has a total shareholder equity of €38.8M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €58.9M and €20.1M respectively. Accentis's EBIT is €4.1M making its interest coverage ratio 11.3. It has cash and short-term investments of €18.7M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 11.3x |
| Cash | €18.66m |
| Equity | €38.82m |
| Total liabilities | €20.09m |
| Total assets | €58.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NV3's short term assets (€19.9M) exceed its short term liabilities (€3.7M).
Long Term Liabilities: 0NV3's short term assets (€19.9M) exceed its long term liabilities (€16.4M).
Debt to Equity History and Analysis
Debt Level: 0NV3 is debt free.
Reducing Debt: 0NV3 has no debt compared to 5 years ago when its debt to equity ratio was 71.6%.
Debt Coverage: 0NV3 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0NV3 has no debt, therefore coverage of interest payments is not a concern.