accesso Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
accesso Technology Group has a total shareholder equity of $185.9M and total debt of $34.0M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are $262.4M and $76.5M respectively. accesso Technology Group's EBIT is $11.0M making its interest coverage ratio -344.2. It has cash and short-term investments of $43.2M.
Key information
18.3%
Debt to equity ratio
US$33.99m
Debt
Interest coverage ratio | -344.2x |
Cash | US$43.18m |
Equity | US$185.86m |
Total liabilities | US$76.51m |
Total assets | US$262.37m |
Recent financial health updates
Recent updates
At UK£5.92, Is accesso Technology Group plc (LON:ACSO) Worth Looking At Closely?
Sep 22Is There An Opportunity With accesso Technology Group plc's (LON:ACSO) 26% Undervaluation?
Mar 15Is accesso Technology Group plc (LON:ACSO) Trading At A 34% Discount?
Nov 24The Returns At accesso Technology Group (LON:ACSO) Aren't Growing
Sep 21Is It Time To Consider Buying accesso Technology Group plc (LON:ACSO)?
May 20We Think That There Are Issues Underlying accesso Technology Group's (LON:ACSO) Earnings
Mar 29accesso Technology Group (LON:ACSO) Is Reinvesting At Lower Rates Of Return
Mar 24Analysts Just Made A Substantial Upgrade To Their accesso Technology Group plc (LON:ACSO) Forecasts
Jul 09Is accesso Technology Group plc (LON:ACSO) Trading At A 40% Discount?
Jun 12Need To Know: The Consensus Just Cut Its accesso Technology Group plc (LON:ACSO) Estimates For 2021
May 22Is accesso Technology Group (LON:ACSO) Using Too Much Debt?
Apr 28UK£6.41 - That's What Analysts Think accesso Technology Group plc (LON:ACSO) Is Worth After These Results
Mar 26Need To Know: accesso Technology Group plc (LON:ACSO) Insiders Have Been Buying Shares
Feb 15If You Had Bought accesso Technology Group's (LON:ACSO) Shares Three Years Ago You Would Be Down 80%
Dec 21Financial Position Analysis
Short Term Liabilities: ACSO's short term assets ($78.7M) exceed its short term liabilities ($31.1M).
Long Term Liabilities: ACSO's short term assets ($78.7M) exceed its long term liabilities ($45.4M).
Debt to Equity History and Analysis
Debt Level: ACSO has more cash than its total debt.
Reducing Debt: ACSO's debt to equity ratio has increased from 14.5% to 18.3% over the past 5 years.
Debt Coverage: ACSO's debt is well covered by operating cash flow (41.6%).
Interest Coverage: ACSO earns more interest than it pays, so coverage of interest payments is not a concern.