Ace Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Ace Technologies has a total shareholder equity of ₩17.8B and total debt of ₩134.8B, which brings its debt-to-equity ratio to 755.2%. Its total assets and total liabilities are ₩238.2B and ₩220.4B respectively.
Key information
755.2%
Debt to equity ratio
₩134.77b
Debt
Interest coverage ratio | n/a |
Cash | ₩19.61b |
Equity | ₩17.85b |
Total liabilities | ₩220.38b |
Total assets | ₩238.22b |
Recent financial health updates
Is Ace Technologies (KOSDAQ:088800) A Risky Investment?
Aug 11Ace Technologies (KOSDAQ:088800) Is Carrying A Fair Bit Of Debt
Apr 13Recent updates
Is 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 21Financial Position Analysis
Short Term Liabilities: A088800's short term assets (₩133.7B) do not cover its short term liabilities (₩209.7B).
Long Term Liabilities: A088800's short term assets (₩133.7B) exceed its long term liabilities (₩10.7B).
Debt to Equity History and Analysis
Debt Level: A088800's net debt to equity ratio (645.3%) is considered high.
Reducing Debt: A088800's debt to equity ratio has increased from 234.2% to 755.2% 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 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 9.5% per year.