Acma Balance Sheet Health
Financial Health criteria checks 4/6
Acma has a total shareholder equity of SGD2.7M and total debt of SGD6.6M, which brings its debt-to-equity ratio to 245.2%. Its total assets and total liabilities are SGD33.0M and SGD30.3M respectively.
Key information
245.2%
Debt to equity ratio
S$6.56m
Debt
Interest coverage ratio | n/a |
Cash | S$1.24m |
Equity | S$2.68m |
Total liabilities | S$30.33m |
Total assets | S$33.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAX1's short term assets (SGD32.0M) exceed its short term liabilities (SGD29.1M).
Long Term Liabilities: AAX1's short term assets (SGD32.0M) exceed its long term liabilities (SGD1.2M).
Debt to Equity History and Analysis
Debt Level: AAX1's net debt to equity ratio (199%) is considered high.
Reducing Debt: AAX1's debt to equity ratio has increased from 48.9% to 245.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable AAX1 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AAX1 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 23.1% per year.