Advanced Container Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Advanced Container Technologies has a total shareholder equity of $1.3M and total debt of $739.9K, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are $4.6M and $3.3M respectively.
Key information
57.2%
Debt to equity ratio
US$739.89k
Debt
Interest coverage ratio | n/a |
Cash | US$297.17k |
Equity | US$1.29m |
Total liabilities | US$3.33m |
Total assets | US$4.62m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACTX's short term assets ($1.4M) do not cover its short term liabilities ($3.0M).
Long Term Liabilities: ACTX's short term assets ($1.4M) exceed its long term liabilities ($329.1K).
Debt to Equity History and Analysis
Debt Level: ACTX's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ACTX's debt to equity ratio has reduced 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 ACTX has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ACTX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.