Ace Integrated Solutions Balance Sheet Health
Financial Health criteria checks 6/6
Ace Integrated Solutions has a total shareholder equity of ₹190.9M and total debt of ₹4.2M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are ₹207.9M and ₹17.0M respectively. Ace Integrated Solutions's EBIT is ₹2.3M making its interest coverage ratio -1.8. It has cash and short-term investments of ₹27.0M.
Key information
2.2%
Debt to equity ratio
₹4.20m
Debt
| Interest coverage ratio | -1.8x |
| Cash | ₹27.00m |
| Equity | ₹190.90m |
| Total liabilities | ₹17.00m |
| Total assets | ₹207.90m |
Recent financial health updates
No updates
Recent updates
Ace Integrated Solutions Limited's (NSE:ACEINTEG) Share Price Not Quite Adding Up
Nov 14
Here's Why We Think Ace Integrated Solutions (NSE:ACEINTEG) Might Deserve Your Attention Today
Apr 11Investors Appear Satisfied With Ace Integrated Solutions Limited's (NSE:ACEINTEG) Prospects
Nov 26Do Ace Integrated Solutions' (NSE:ACEINTEG) Earnings Warrant Your Attention?
Oct 21Estimating The Intrinsic Value Of Ace Integrated Solutions Limited (NSE:ACEINTEG)
Sep 01Calculating The Fair Value Of Ace Integrated Solutions Limited (NSE:ACEINTEG)
Oct 07Financial Position Analysis
Short Term Liabilities: ACEINTEG's short term assets (₹138.9M) exceed its short term liabilities (₹14.3M).
Long Term Liabilities: ACEINTEG's short term assets (₹138.9M) exceed its long term liabilities (₹2.7M).
Debt to Equity History and Analysis
Debt Level: ACEINTEG has more cash than its total debt.
Reducing Debt: ACEINTEG's debt to equity ratio has reduced from 6% to 2.2% over the past 5 years.
Debt Coverage: ACEINTEG's debt is well covered by operating cash flow (216.7%).
Interest Coverage: ACEINTEG earns more interest than it pays, so coverage of interest payments is not a concern.