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26 Capital Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
26 Capital Acquisition has a total shareholder equity of $-26.9M and total debt of $10.2M, which brings its debt-to-equity ratio to -38%. Its total assets and total liabilities are $37.4M and $64.3M respectively.
Key information
-38.0%
Debt to equity ratio
US$10.23m
Debt
| Interest coverage ratio | n/a |
| Cash | US$201.54k |
| Equity | -US$26.91m |
| Total liabilities | US$64.27m |
| Total assets | US$37.36m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADER has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ADER 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: ADER has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ADER's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ADER's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ADER's interest payments on its debt are well covered by EBIT.