Ceres Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Ceres Acquisition has a total shareholder equity of $-5.2M and total debt of $321.8K, which brings its debt-to-equity ratio to -6.2%. Its total assets and total liabilities are $8.8M and $14.0M respectively.
Key information
-6.2%
Debt to equity ratio
US$321.77k
Debt
| Interest coverage ratio | n/a |
| Cash | n/a |
| Equity | -US$5.15m |
| Total liabilities | US$13.97m |
| Total assets | US$8.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CERE.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CERE.U has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CERE.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CERE.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CERE.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CERE.U's interest payments on its debt are well covered by EBIT.