Accel Solutions Group Balance Sheet Health
Financial Health criteria checks 4/6
Accel Solutions Group has a total shareholder equity of ₪129.7M and total debt of ₪31.7M, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are ₪218.4M and ₪88.6M respectively. Accel Solutions Group's EBIT is ₪8.8M making its interest coverage ratio 27.8. It has cash and short-term investments of ₪16.8M.
Key information
24.5%
Debt to equity ratio
₪31.73m
Debt
| Interest coverage ratio | 27.8x |
| Cash | ₪16.76m |
| Equity | ₪129.74m |
| Total liabilities | ₪88.64m |
| Total assets | ₪218.38m |
Recent financial health updates
Does Accel Solutions Group (TLV:ACCL) Have A Healthy Balance Sheet?
Mar 26
These 4 Measures Indicate That Accel Solutions Group (TLV:ACCL) Is Using Debt Reasonably Well
Feb 03Recent updates
Accel Solutions Group's (TLV:ACCL) Solid Earnings May Rest On Weak Foundations
Apr 04Does Accel Solutions Group (TLV:ACCL) Have A Healthy Balance Sheet?
Mar 26Investors Will Want Accel Solutions Group's (TLV:ACCL) Growth In ROCE To Persist
Feb 21There's No Escaping Accel Solutions Group Ltd's (TLV:ACCL) Muted Earnings
Jan 05Returns At Accel Solutions Group (TLV:ACCL) Are On The Way Up
Jun 08Accel Solutions Group (TLV:ACCL) Is Looking To Continue Growing Its Returns On Capital
Mar 05These 4 Measures Indicate That Accel Solutions Group (TLV:ACCL) Is Using Debt Reasonably Well
Feb 03Getting In Cheap On Accel Solutions Group Ltd (TLV:ACCL) Might Be Difficult
Aug 31Accel Solutions Group (TLV:ACCL) Is Looking To Continue Growing Its Returns On Capital
May 11Accel Solutions Group (TLV:ACCL) Is Posting Healthy Earnings, But It Is Not All Good News
Dec 06Accel Solutions Group (TLV:ACCL) Is Experiencing Growth In Returns On Capital
Oct 26Shareholders Are Raving About How The Accel Solutions Group (TLV:ACCL) Share Price Increased 740%
Mar 20Imagine Holding Accel Solutions Group (TLV:ACCL) Shares While The Price Zoomed 506% Higher
Dec 05
Financial Position Analysis
Short Term Liabilities: ACCL's short term assets (₪144.9M) exceed its short term liabilities (₪71.3M).
Long Term Liabilities: ACCL's short term assets (₪144.9M) exceed its long term liabilities (₪17.4M).
Debt to Equity History and Analysis
Debt Level: ACCL's net debt to equity ratio (11.5%) is considered satisfactory.
Reducing Debt: ACCL's debt to equity ratio has increased from 0% to 24.5% over the past 5 years.
Debt Coverage: ACCL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ACCL's interest payments on its debt are well covered by EBIT (27.8x coverage).