JVSPAC Acquisition Corp.

NasdaqCM:JVSA.U Stock Report

Market Cap: US$79.8m

JVSPAC Acquisition Balance Sheet Health

Financial Health criteria checks 2/6

JVSPAC Acquisition has a total shareholder equity of $1.8M and total debt of $286.4K, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are $60.5M and $58.8M respectively.

Key information

16.0%

Debt to equity ratio

US$286.39k

Debt

Interest coverage ration/a
CashUS$844.69k
EquityUS$1.79m
Total liabilitiesUS$58.76m
Total assetsUS$60.55m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: JVSA.U's short term assets ($969.6K) exceed its short term liabilities ($467.1K).

Long Term Liabilities: JVSA.U's short term assets ($969.6K) do not cover its long term liabilities ($58.3M).


Debt to Equity History and Analysis

Debt Level: JVSA.U has more cash than its total debt.

Reducing Debt: Insufficient data to determine if JVSA.U's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: JVSA.U's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if JVSA.U's interest payments on its debt are well covered by EBIT.


Balance Sheet


Discover healthy companies