Action Construction Equipment Balance Sheet Health
Financial Health criteria checks 6/6
Action Construction Equipment has a total shareholder equity of ₹12.3B and total debt of ₹44.6M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₹21.7B and ₹9.4B respectively. Action Construction Equipment's EBIT is ₹4.0B making its interest coverage ratio 14.4. It has cash and short-term investments of ₹4.8B.
Key information
0.4%
Debt to equity ratio
₹44.60m
Debt
| Interest coverage ratio | 14.4x |
| Cash | ₹4.80b |
| Equity | ₹12.32b |
| Total liabilities | ₹9.38b |
| Total assets | ₹21.69b |
Recent financial health updates
Does Action Construction Equipment (NSE:ACE) Have A Healthy Balance Sheet?
Nov 28
Does Action Construction Equipment (NSE:ACE) Have A Healthy Balance Sheet?
Jun 06Recent updates
Action Construction Equipment Limited's (NSE:ACE) Popularity With Investors Is Under Threat From Overpricing
Sep 10We Think Action Construction Equipment Limited's (NSE:ACE) CEO Compensation Looks Fair
Aug 21Action Construction Equipment (NSE:ACE) Will Pay A Larger Dividend Than Last Year At ₹2.00
Aug 01Do Action Construction Equipment's (NSE:ACE) Earnings Warrant Your Attention?
Jul 12Returns On Capital Are A Standout For Action Construction Equipment (NSE:ACE)
May 21Should You Investigate Action Construction Equipment Limited (NSE:ACE) At ₹1,486?
May 03Action Construction Equipment Limited's (NSE:ACE) 38% Share Price Surge Not Quite Adding Up
Apr 13Here's Why We Think Action Construction Equipment (NSE:ACE) Is Well Worth Watching
Mar 14Action Construction Equipment Limited's (NSE:ACE) Shares Climb 27% But Its Business Is Yet to Catch Up
Feb 09Is Now The Time To Look At Buying Action Construction Equipment Limited (NSE:ACE)?
Jan 31We Like Action Construction Equipment's (NSE:ACE) Returns And Here's How They're Trending
Jan 04Does Action Construction Equipment (NSE:ACE) Have A Healthy Balance Sheet?
Nov 28What Is Action Construction Equipment Limited's (NSE:ACE) Share Price Doing?
Oct 30Should You Be Adding Action Construction Equipment (NSE:ACE) To Your Watchlist Today?
Sep 26Action Construction Equipment (NSE:ACE) Could Become A Multi-Bagger
Jul 25Should You Investigate Action Construction Equipment Limited (NSE:ACE) At ₹552?
Jul 07Why We Like The Returns At Action Construction Equipment (NSE:ACE)
Feb 09Is Now The Time To Put Action Construction Equipment (NSE:ACE) On Your Watchlist?
Dec 23Is It Too Late To Consider Buying Action Construction Equipment Limited (NSE:ACE)?
Sep 03Action Construction Equipment (NSE:ACE) Strong Profits May Be Masking Some Underlying Issues
May 31Action Construction Equipment Limited (NSE:ACE) Just Reported, And Analysts Assigned A ₹265 Price Target
May 27Returns On Capital Are Showing Encouraging Signs At Action Construction Equipment (NSE:ACE)
Feb 10At ₹223, Is It Time To Put Action Construction Equipment Limited (NSE:ACE) On Your Watch List?
Aug 10With EPS Growth And More, Action Construction Equipment (NSE:ACE) Is Interesting
Jun 18Does Action Construction Equipment (NSE:ACE) Have A Healthy Balance Sheet?
Jun 06Action Construction Equipment's (NSE:ACE) Returns On Capital Are Heading Higher
May 26Is Now The Time To Look At Buying Action Construction Equipment Limited (NSE:ACE)?
Apr 07Can You Imagine How Elated Action Construction Equipment's (NSE:ACE) Shareholders Feel About Its 361% Share Price Gain?
Mar 13Should Action Construction Equipment Limited (NSE:ACE) Be Part Of Your Dividend Portfolio?
Feb 28What Do The Returns At Action Construction Equipment (NSE:ACE) Mean Going Forward?
Feb 16What Did Action Construction Equipment's (NSE:ACE) CEO Take Home Last Year?
Feb 04Action Construction Equipment Limited's (NSE:ACE) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Jan 22Financial Position Analysis
Short Term Liabilities: ACE's short term assets (₹12.7B) exceed its short term liabilities (₹9.2B).
Long Term Liabilities: ACE's short term assets (₹12.7B) exceed its long term liabilities (₹131.5M).
Debt to Equity History and Analysis
Debt Level: ACE has more cash than its total debt.
Reducing Debt: ACE's debt to equity ratio has reduced from 18.5% to 0.4% over the past 5 years.
Debt Coverage: ACE's debt is well covered by operating cash flow (9717.9%).
Interest Coverage: ACE's interest payments on its debt are well covered by EBIT (14.4x coverage).