Acme United Balance Sheet Health
Financial Health criteria checks 6/6
Acme United has a total shareholder equity of $97.9M and total debt of $23.8M, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are $149.2M and $51.3M respectively. Acme United's EBIT is $13.2M making its interest coverage ratio 4.4. It has cash and short-term investments of $4.8M.
Key information
24.3%
Debt to equity ratio
US$23.81m
Debt
| Interest coverage ratio | 4.4x |
| Cash | US$4.80m |
| Equity | US$97.90m |
| Total liabilities | US$51.34m |
| Total assets | US$149.24m |
Recent financial health updates
Recent updates
What You Need To Know About Acme United Corporation's (NYSEMKT:ACU) Investor Composition
Mar 08
What Makes Acme United Corporation (NYSEMKT:ACU) A Great Dividend Stock?
Feb 23Here's Why We Think Acme United (NYSEMKT:ACU) Is Well Worth Watching
Feb 10
We Think Acme United (NYSEMKT:ACU) Can Stay On Top Of Its Debt
Jan 28The Returns At Acme United (NYSEMKT:ACU) Provide Us With Signs Of What's To Come
Jan 15There's A Lot To Like About Acme United's (NYSEMKT:ACU) Upcoming US$0.13 Dividend
Jan 02Do Its Financials Have Any Role To Play In Driving Acme United Corporation's (NYSEMKT:ACU) Stock Up Recently?
Dec 24A Quick Analysis On Acme United's (NYSEMKT:ACU) CEO Salary
Dec 11What Type Of Shareholders Make Up Acme United Corporation's (NYSEMKT:ACU) Share Registry?
Nov 29Financial Position Analysis
Short Term Liabilities: ACU's short term assets ($92.0M) exceed its short term liabilities ($26.0M).
Long Term Liabilities: ACU's short term assets ($92.0M) exceed its long term liabilities ($25.3M).
Debt to Equity History and Analysis
Debt Level: ACU's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: ACU's debt to equity ratio has reduced from 84.1% to 24.3% over the past 5 years.
Debt Coverage: ACU's debt is well covered by operating cash flow (121.4%).
Interest Coverage: ACU's interest payments on its debt are well covered by EBIT (4.4x coverage).