Acri Capital Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Acri Capital Acquisition has a total shareholder equity of $-4.7M and total debt of $2.1M, which brings its debt-to-equity ratio to -44.3%. Its total assets and total liabilities are $37.6M and $42.2M respectively.
Key information
-44.3%
Debt to equity ratio
US$2.08m
Debt
Interest coverage ratio | n/a |
Cash | US$89.96k |
Equity | -US$4.69m |
Total liabilities | US$42.25m |
Total assets | US$37.55m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACAC.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ACAC.U 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: ACAC.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ACAC.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ACAC.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ACAC.U's interest payments on its debt are well covered by EBIT.