Ace Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Ace Technologies has a total shareholder equity of ₩30.7B and total debt of ₩97.8B, which brings its debt-to-equity ratio to 318.5%. Its total assets and total liabilities are ₩223.5B and ₩192.8B respectively.
Key information
318.5%
Debt to equity ratio
₩97.75b
Debt
| Interest coverage ratio | n/a |
| Cash | ₩13.39b |
| Equity | ₩30.69b |
| Total liabilities | ₩192.83b |
| Total assets | ₩223.53b |
Recent financial health updates
Is Ace Technologies (KOSDAQ:088800) A Risky Investment?
Aug 11
Ace Technologies (KOSDAQ:088800) Is Carrying A Fair Bit Of Debt
Apr 13Recent updates
Little Excitement Around Ace Technologies Corp.'s (KOSDAQ:088800) Revenues As Shares Take 38% Pounding
Aug 26Is Ace Technologies (KOSDAQ:088800) A Risky Investment?
Aug 11Ace Technologies Corp.'s (KOSDAQ:088800) Popularity With Investors Under Threat As Stock Sinks 26%
Jun 19Ace Technologies Corp.'s (KOSDAQ:088800) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jun 19Some Confidence Is Lacking In Ace Technologies Corp. (KOSDAQ:088800) As Shares Slide 28%
Mar 04Ace 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 (₩126.2B) do not cover its short term liabilities (₩189.6B).
Long Term Liabilities: A088800's short term assets (₩126.2B) exceed its long term liabilities (₩3.3B).
Debt to Equity History and Analysis
Debt Level: A088800's net debt to equity ratio (274.9%) is considered high.
Reducing Debt: A088800's debt to equity ratio has increased from 151.5% to 318.5% 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: A088800 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: A088800 has sufficient cash runway for 1.9 years if free cash flow continues to grow at historical rates of 18.7% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 23:05 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Ace Technologies Corp. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kyung-rae Han | Daishin Securities Co. Ltd. |
| Jongsun Park | Eugene Investment & Securities Co Ltd. |
| Yeong-Min Ko | Shinhan Investment Corp. |