Alliance Creative Group Balance Sheet Health
Financial Health criteria checks 1/6
Alliance Creative Group has a total shareholder equity of $928.2K and total debt of $3.6M, which brings its debt-to-equity ratio to 387.2%. Its total assets and total liabilities are $4.6M and $3.7M respectively.
Key information
387.2%
Debt to equity ratio
US$3.59m
Debt
| Interest coverage ratio | n/a |
| Cash | US$142.06k |
| Equity | US$928.16k |
| Total liabilities | US$3.67m |
| Total assets | US$4.60m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: ACGX's short term assets ($810.6K) exceed its short term liabilities ($175.0).
Long Term Liabilities: ACGX's short term assets ($810.6K) do not cover its long term liabilities ($3.7M).
Debt to Equity History and Analysis
Debt Level: ACGX's net debt to equity ratio (371.9%) is considered high.
Reducing Debt: ACGX's debt to equity ratio has increased from 30% to 387.2% over the past 5 years.
Debt Coverage: ACGX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ACGX's interest payments on its debt are well covered by EBIT.