Accentis Balance Sheet Health
Financial Health criteria checks 6/6
Accentis has a total shareholder equity of €38.3M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €59.1M and €20.7M respectively. Accentis's EBIT is €4.1M making its interest coverage ratio 6.4. It has cash and short-term investments of €17.7M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | 6.4x |
Cash | €17.73m |
Equity | €38.34m |
Total liabilities | €20.73m |
Total assets | €59.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NV3's short term assets (€19.1M) exceed its short term liabilities (€3.3M).
Long Term Liabilities: 0NV3's short term assets (€19.1M) exceed its long term liabilities (€17.4M).
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 51%.
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.