Denali Capital Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Denali Capital Acquisition has a total shareholder equity of $-8.8M and total debt of $2.1M, which brings its debt-to-equity ratio to -24.2%. Its total assets and total liabilities are $51.3M and $60.2M respectively.
Key information
-24.2%
Debt to equity ratio
US$2.14m
Debt
Interest coverage ratio | n/a |
Cash | US$1.01k |
Equity | -US$8.82m |
Total liabilities | US$60.17m |
Total assets | US$51.35m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 193 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 193 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: 193 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 193's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 193's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 193's interest payments on its debt are well covered by EBIT.