AltEnergy Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
AltEnergy Acquisition has a total shareholder equity of $-14.3M and total debt of $1.7M, which brings its debt-to-equity ratio to -11.9%. Its total assets and total liabilities are $18.2M and $32.5M respectively.
Key information
-11.9%
Debt to equity ratio
US$1.71m
Debt
Interest coverage ratio | n/a |
Cash | US$96.89k |
Equity | -US$14.34m |
Total liabilities | US$32.51m |
Total assets | US$18.17m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AEAE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AEAE 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: AEAE has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AEAE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: AEAE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AEAE's interest payments on its debt are well covered by EBIT.