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 ratio | n/a |
Cash | US$844.69k |
Equity | US$1.79m |
Total liabilities | US$58.76m |
Total assets | US$60.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JVSA's short term assets ($969.6K) exceed its short term liabilities ($467.1K).
Long Term Liabilities: JVSA's short term assets ($969.6K) do not cover its long term liabilities ($58.3M).
Debt to Equity History and Analysis
Debt Level: JVSA has more cash than its total debt.
Reducing Debt: Insufficient data to determine if JVSA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: JVSA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if JVSA's interest payments on its debt are well covered by EBIT.