Alset Capital Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Alset Capital Acquisition has a total shareholder equity of $-2.1M and total debt of $205.3K, which brings its debt-to-equity ratio to -10%. Its total assets and total liabilities are $22.1M and $24.1M respectively.
Key information
-10.0%
Debt to equity ratio
US$205.31k
Debt
| Interest coverage ratio | n/a |
| Cash | US$812.29k |
| Equity | -US$2.05m |
| Total liabilities | US$24.13m |
| Total assets | US$22.08m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ACAX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ACAX 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: ACAX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ACAX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ACAX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ACAX's interest payments on its debt are well covered by EBIT.