Advanced Connection Corporation Balance Sheet Health
Financial Health criteria checks 4/6
Advanced Connection has a total shareholder equity of THB561.9M and total debt of THB12.8M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are THB636.0M and THB74.1M respectively.
Key information
2.3%
Debt to equity ratio
฿12.83m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿31.54m |
| Equity | ฿561.92m |
| Total liabilities | ฿74.12m |
| Total assets | ฿636.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACC's short term assets (THB328.3M) exceed its short term liabilities (THB37.9M).
Long Term Liabilities: ACC's short term assets (THB328.3M) exceed its long term liabilities (THB36.2M).
Debt to Equity History and Analysis
Debt Level: ACC has more cash than its total debt.
Reducing Debt: ACC's debt to equity ratio has reduced from 42% to 2.3% 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: ACC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ACC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 58.9% each year