Accsys Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Accsys Technologies has a total shareholder equity of €109.4M and total debt of €64.2M, which brings its debt-to-equity ratio to 58.7%. Its total assets and total liabilities are €207.5M and €98.2M respectively. Accsys Technologies's EBIT is €11.8M making its interest coverage ratio 4.2. It has cash and short-term investments of €20.8M.
Key information
58.7%
Debt to equity ratio
€64.18m
Debt
| Interest coverage ratio | 4.2x |
| Cash | €20.78m |
| Equity | €109.36m |
| Total liabilities | €98.17m |
| Total assets | €207.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACSY.F's short term assets (€66.7M) exceed its short term liabilities (€38.4M).
Long Term Liabilities: ACSY.F's short term assets (€66.7M) exceed its long term liabilities (€59.8M).
Debt to Equity History and Analysis
Debt Level: ACSY.F's net debt to equity ratio (39.7%) is considered satisfactory.
Reducing Debt: ACSY.F's debt to equity ratio has reduced from 72.4% to 58.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ACSY.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ACSY.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.8% per year.