Advanced Connection Corporation Balance Sheet Health
Financial Health criteria checks 4/6
Advanced Connection has a total shareholder equity of THB612.7M and total debt of THB32.2M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are THB707.0M and THB94.3M respectively.
Key information
5.2%
Debt to equity ratio
฿32.15m
Debt
Interest coverage ratio | n/a |
Cash | ฿67.63m |
Equity | ฿612.72m |
Total liabilities | ฿94.26m |
Total assets | ฿706.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACC-R's short term assets (THB399.0M) exceed its short term liabilities (THB53.9M).
Long Term Liabilities: ACC-R's short term assets (THB399.0M) exceed its long term liabilities (THB40.4M).
Debt to Equity History and Analysis
Debt Level: ACC-R has more cash than its total debt.
Reducing Debt: ACC-R's debt to equity ratio has reduced from 53.6% to 5.2% 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: Insufficient data to determine if ACC-R has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ACC-R has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.