Acorn Energy Balance Sheet Health
Financial Health criteria checks 3/6
Acorn Energy has a total shareholder equity of $-826.0K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $5.4M and $6.3M respectively. Acorn Energy's EBIT is $74.0K making its interest coverage ratio -1.2. It has cash and short-term investments of $1.4M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -1.2x |
| Cash | US$1.45m |
| Equity | -US$826.00k |
| Total liabilities | US$6.28m |
| Total assets | US$5.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACFN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ACFN has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ACFN is debt free.
Reducing Debt: ACFN's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ACFN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ACFN has no debt, therefore coverage of interest payments is not a concern.