Acme United Balance Sheet Health
Financial Health criteria checks 6/6
Acme United has a total shareholder equity of $106.3M and total debt of $32.4M, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are $165.5M and $59.2M respectively. Acme United's EBIT is $14.0M making its interest coverage ratio 7.1. It has cash and short-term investments of $5.7M.
Key information
30.5%
Debt to equity ratio
US$32.42m
Debt
| Interest coverage ratio | 7.1x |
| Cash | US$5.70m |
| Equity | US$106.32m |
| Total liabilities | US$59.16m |
| Total assets | US$165.47m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ACU's short term assets ($98.8M) exceed its short term liabilities ($22.4M).
Long Term Liabilities: ACU's short term assets ($98.8M) exceed its long term liabilities ($36.8M).
Debt to Equity History and Analysis
Debt Level: ACU's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: ACU's debt to equity ratio has reduced from 75.7% to 30.5% over the past 5 years.
Debt Coverage: ACU's debt is well covered by operating cash flow (39.6%).
Interest Coverage: ACU's interest payments on its debt are well covered by EBIT (7.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:50 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Acme United Corporation is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Burns | D.A. Davidson & Co. |
| Vadim Merkulov | Freedom Broker |
| Longdley Zephirin | Zephirin Group, Inc. |