AcroMeta Group Balance Sheet Health
Financial Health criteria checks 1/6
AcroMeta Group has a total shareholder equity of SGD-1.9M and total debt of SGD8.8M, which brings its debt-to-equity ratio to -472.4%. Its total assets and total liabilities are SGD34.3M and SGD36.1M respectively. AcroMeta Group's EBIT is SGD2.5M making its interest coverage ratio 5.3. It has cash and short-term investments of SGD6.8M.
Key information
-472.4%
Debt to equity ratio
S$8.84m
Debt
Interest coverage ratio | 5.3x |
Cash | S$6.83m |
Equity | -S$1.87m |
Total liabilities | S$36.13m |
Total assets | S$34.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 43F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 43F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 43F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 43F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 43F's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: 43F's interest payments on its debt are well covered by EBIT (5.3x coverage).