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Brigade-M3 European Acquisition Balance Sheet Health
Financial Health criteria checks 3/6
Brigade-M3 European Acquisition has a total shareholder equity of $-4.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $259.2M and $263.9M respectively. Brigade-M3 European Acquisition's EBIT is $2.2M making its interest coverage ratio 0.1. It has cash and short-term investments of $369.8K.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 0.1x |
Cash | US$369.83k |
Equity | -US$4.75m |
Total liabilities | US$263.92m |
Total assets | US$259.16m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: BACEU has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BACEU 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: BACEU is debt free.
Reducing Debt: BACEU's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: BACEU has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BACEU has no debt, therefore coverage of interest payments is not a concern.