accesso Technology Group Balance Sheet Health
Financial Health criteria checks 6/6
accesso Technology Group has a total shareholder equity of $193.5M and total debt of $20.3M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are $274.0M and $80.5M respectively. accesso Technology Group's EBIT is $12.6M making its interest coverage ratio 18.8. It has cash and short-term investments of $51.8M.
Key information
10.5%
Debt to equity ratio
US$20.35m
Debt
Interest coverage ratio | 18.8x |
Cash | US$51.81m |
Equity | US$193.50m |
Total liabilities | US$80.47m |
Total assets | US$273.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOQP.F's short term assets ($88.3M) exceed its short term liabilities ($49.2M).
Long Term Liabilities: LOQP.F's short term assets ($88.3M) exceed its long term liabilities ($31.3M).
Debt to Equity History and Analysis
Debt Level: LOQP.F has more cash than its total debt.
Reducing Debt: LOQP.F's debt to equity ratio has reduced from 11.2% to 10.5% over the past 5 years.
Debt Coverage: LOQP.F's debt is well covered by operating cash flow (126.3%).
Interest Coverage: LOQP.F's interest payments on its debt are well covered by EBIT (18.8x coverage).