Innovative International Acquisition Corp.

DB:A48 Stock Report

Market Cap: €120.0m

Innovative International Acquisition Balance Sheet Health

Financial Health criteria checks 2/6

Innovative International Acquisition has a total shareholder equity of $-20.4M and total debt of $1.5M, which brings its debt-to-equity ratio to -7.3%. Its total assets and total liabilities are $33.3M and $53.7M respectively.

Key information

-7.3%

Debt to equity ratio

US$1.50m

Debt

Interest coverage ration/a
CashUS$50.27k
Equity-US$20.42m
Total liabilitiesUS$53.71m
Total assetsUS$33.29m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: A48 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: A48 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: A48 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: A48's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: A48 has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: A48 is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.


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