Ace Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Ace Technologies has a total shareholder equity of ₩4.6B and total debt of ₩137.1B, which brings its debt-to-equity ratio to 2970%. Its total assets and total liabilities are ₩241.0B and ₩236.4B respectively.
Key information
2,970.0%
Debt to equity ratio
₩137.10b
Debt
| Interest coverage ratio | n/a |
| Cash | ₩18.89b |
| Equity | ₩4.62b |
| Total liabilities | ₩236.40b |
| Total assets | ₩241.02b |
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 (₩139.2B) do not cover its short term liabilities (₩233.0B).
Long Term Liabilities: A088800's short term assets (₩139.2B) exceed its long term liabilities (₩3.4B).
Debt to Equity History and Analysis
Debt Level: A088800's net debt to equity ratio (2560.9%) is considered high.
Reducing Debt: A088800's debt to equity ratio has increased from 140.7% to 2970% 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 13.8% per year.