Is accesso Technology Group plc (AIM:ACSO) Financially Strong Enough To Weather A Storm?
Dane Simmons of Simply Wall St provided an analysis of accesso Technology Group plc (AIM:ACSO) and its overall financial strength.
Comparing the company’s current assets to total debt, Simmons concludes that the company is capable of paying down debts if needed or if favorable within the market. Simmons also reviews accesso’s earnings in comparison to overall debt to determine whether the company can be considered financially sound and generating enough earnings to outweigh the interest on its debts.
Simmons concludes that accesso’s low-debt profile, earnings and operating cash flow all indicate that it would be well-prepared to weather difficult times and also to capitalize on growth opportunities when the market allows. To read the full analysis, click here.