Ace Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Ace Technologies has a total shareholder equity of ₩21.6B and total debt of ₩145.3B, which brings its debt-to-equity ratio to 673.5%. Its total assets and total liabilities are ₩259.5B and ₩237.9B respectively.
Key information
673.5%
Debt to equity ratio
₩145.34b
Debt
| Interest coverage ratio | n/a |
| Cash | ₩20.48b |
| Equity | ₩21.58b |
| Total liabilities | ₩237.92b |
| Total assets | ₩259.50b |
Recent financial health updates
Recent updates
Some Confidence Is Lacking In Ace Technologies Corp. (KOSDAQ:088800) As Shares Slide 28%
Mar 04
Ace Technologies Corp. (KOSDAQ:088800) May Have Run Too Fast Too Soon With Recent 28% Price Plummet
Mar 04Calculating The Fair Value Of Ace Technologies Corp. (KOSDAQ:088800)
May 06Ace Technologies (KOSDAQ:088800) Is Carrying A Fair Bit Of Debt
Apr 13What Percentage Of Ace Technologies Corp. (KOSDAQ:088800) Shares Do Insiders Own?
Mar 09Ace Technologies' (KOSDAQ:088800) Wonderful 534% Share Price Increase Shows How Capitalism Can Build Wealth
Jan 21
Financial Position Analysis
Short Term Liabilities: A088800's short term assets (₩138.3B) do not cover its short term liabilities (₩227.6B).
Long Term Liabilities: A088800's short term assets (₩138.3B) exceed its long term liabilities (₩10.4B).
Debt to Equity History and Analysis
Debt Level: A088800's net debt to equity ratio (578.6%) is considered high.
Reducing Debt: A088800's debt to equity ratio has increased from 238.4% to 673.5% 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 A088800 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: A088800 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.9% per year.