Acsion Balance Sheet Health
Financial Health criteria checks 3/6
Acsion has a total shareholder equity of ZAR10.5B and total debt of ZAR1.0B, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are ZAR14.8B and ZAR4.3B respectively. Acsion's EBIT is ZAR724.9M making its interest coverage ratio 6.4. It has cash and short-term investments of ZAR520.2M.
Key information
10.0%
Debt to equity ratio
R1.05b
Debt
| Interest coverage ratio | 6.4x |
| Cash | R520.17m |
| Equity | R10.48b |
| Total liabilities | R4.27b |
| Total assets | R14.75b |
Recent financial health updates
These 4 Measures Indicate That Acsion (JSE:ACS) Is Using Debt Extensively
Jan 10
Acsion (JSE:ACS) Has A Pretty Healthy Balance Sheet
Jan 13Does Acsion (JSE:ACS) Have A Healthy Balance Sheet?
Jan 11We Think Acsion (JSE:ACS) Is Taking Some Risk With Its Debt
Jun 24We Think Acsion (JSE:ACS) Is Taking Some Risk With Its Debt
Jan 10
Recent updates
Take Care Before Jumping Onto Acsion Limited (JSE:ACS) Even Though It's 26% Cheaper
Oct 25We Discuss Whether Acsion Limited's (JSE:ACS) CEO Is Due For A Pay Rise
Sep 30Acsion Limited (JSE:ACS) Soars 55% But It's A Story Of Risk Vs Reward
Sep 10Acsion's (JSE:ACS) Solid Earnings May Rest On Weak Foundations
Jul 19Acsion (JSE:ACS) Has Announced That Its Dividend Will Be Reduced To ZAR0.16
Jul 16Acsion Limited (JSE:ACS) Might Not Be As Mispriced As It Looks After Plunging 29%
Jul 15Acsion Limited (JSE:ACS) Soars 25% But It's A Story Of Risk Vs Reward
May 30Does Acsion (JSE:ACS) Deserve A Spot On Your Watchlist?
Mar 19Slammed 28% Acsion Limited (JSE:ACS) Screens Well Here But There Might Be A Catch
Feb 01These 4 Measures Indicate That Acsion (JSE:ACS) Is Using Debt Extensively
Jan 10Acsion (JSE:ACS) Is Reducing Its Dividend To ZAR0.164
Dec 12Is Now The Time To Put Acsion (JSE:ACS) On Your Watchlist?
Dec 01Acsion (JSE:ACS) Is Due To Pay A Dividend Of ZAR0.18
Jul 09We Ran A Stock Scan For Earnings Growth And Acsion (JSE:ACS) Passed With Ease
Jun 01Here's Why We Think Acsion (JSE:ACS) Is Well Worth Watching
Feb 24Acsion (JSE:ACS) Has A Pretty Healthy Balance Sheet
Jan 13Does Acsion (JSE:ACS) Have A Healthy Balance Sheet?
Jan 11Here's Why Shareholders Should Examine Acsion Limited's (JSE:ACS) CEO Compensation Package More Closely
Aug 12We Think Acsion (JSE:ACS) Is Taking Some Risk With Its Debt
Jun 24Does Acsion's (JSE:ACS) CEO Salary Compare Well With Industry Peers?
Feb 21A Look At Acsion's (JSE:ACS) Share Price Returns
Feb 01We Think Acsion (JSE:ACS) Is Taking Some Risk With Its Debt
Jan 10We're Not So Sure You Should Rely on Acsion's (JSE:ACS) Statutory Earnings
Dec 20Financial Position Analysis
Short Term Liabilities: ACS's short term assets (ZAR655.3M) do not cover its short term liabilities (ZAR1.1B).
Long Term Liabilities: ACS's short term assets (ZAR655.3M) do not cover its long term liabilities (ZAR3.2B).
Debt to Equity History and Analysis
Debt Level: ACS's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: ACS's debt to equity ratio has increased from 9.6% to 10% over the past 5 years.
Debt Coverage: ACS's debt is well covered by operating cash flow (66.9%).
Interest Coverage: ACS's interest payments on its debt are well covered by EBIT (6.4x coverage).