Ackroo Balance Sheet Health
Financial Health criteria checks 3/6
Ackroo has a total shareholder equity of CA$2.7M and total debt of CA$3.0M, which brings its debt-to-equity ratio to 108.5%. Its total assets and total liabilities are CA$7.4M and CA$4.7M respectively. Ackroo's EBIT is CA$1.2M making its interest coverage ratio 3.1. It has cash and short-term investments of CA$389.2K.
Key information
108.5%
Debt to equity ratio
CA$2.95m
Debt
| Interest coverage ratio | 3.1x |
| Cash | CA$389.15k |
| Equity | CA$2.72m |
| Total liabilities | CA$4.70m |
| Total assets | CA$7.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKRF.F's short term assets (CA$720.6K) do not cover its short term liabilities (CA$3.7M).
Long Term Liabilities: AKRF.F's short term assets (CA$720.6K) do not cover its long term liabilities (CA$1.0M).
Debt to Equity History and Analysis
Debt Level: AKRF.F's net debt to equity ratio (94.2%) is considered high.
Reducing Debt: AKRF.F's debt to equity ratio has reduced from 155.6% to 108.5% over the past 5 years.
Debt Coverage: AKRF.F's debt is well covered by operating cash flow (62%).
Interest Coverage: AKRF.F's interest payments on its debt are well covered by EBIT (3.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 11:16 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ackroo Inc. is covered by 0 analysts. 0 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 |
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