BM3EAC Balance Sheet Health
Financial Health criteria checks 3/6
BM3EAC has a total shareholder equity of $-143.2K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $35.8K and $179.0K respectively. BM3EAC's EBIT is $7.1M making its interest coverage ratio 2.8. It has cash and short-term investments of $35.6K.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 2.8x |
Cash | US$35.59k |
Equity | -US$143.24k |
Total liabilities | US$179.01k |
Total assets | US$35.77k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BACE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BACE 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: BACE is debt free.
Reducing Debt: BACE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: BACE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BACE has no debt, therefore coverage of interest payments is not a concern.