Advanced Connection Corporation Balance Sheet Health
Financial Health criteria checks 4/6
Advanced Connection has a total shareholder equity of THB616.4M and total debt of THB27.0M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are THB684.7M and THB68.4M respectively.
Key information
4.4%
Debt to equity ratio
฿27.04m
Debt
Interest coverage ratio | n/a |
Cash | ฿207.33m |
Equity | ฿616.35m |
Total liabilities | ฿68.39m |
Total assets | ฿684.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACC's short term assets (THB390.5M) exceed its short term liabilities (THB37.6M).
Long Term Liabilities: ACC's short term assets (THB390.5M) exceed its long term liabilities (THB30.8M).
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 55.2% to 4.4% 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 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ACC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.