AKS Corporation Balance Sheet Health
Financial Health criteria checks 4/6
AKS has a total shareholder equity of THB2.7B and total debt of THB701.9M, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are THB6.8B and THB4.1B respectively.
Key information
26.3%
Debt to equity ratio
฿701.90m
Debt
Interest coverage ratio | n/a |
Cash | ฿69.37m |
Equity | ฿2.66b |
Total liabilities | ฿4.12b |
Total assets | ฿6.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKS's short term assets (THB1.4B) do not cover its short term liabilities (THB3.9B).
Long Term Liabilities: AKS's short term assets (THB1.4B) exceed its long term liabilities (THB225.1M).
Debt to Equity History and Analysis
Debt Level: AKS's net debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: AKS's debt to equity ratio has increased from 0.1% to 26.3% 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 AKS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AKS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 70.8% per year.