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Aura FAT Projects Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Aura FAT Projects Acquisition has a total shareholder equity of $-6.3M and total debt of $1.1M, which brings its debt-to-equity ratio to -17%. Its total assets and total liabilities are $31.9M and $38.2M respectively.
Key information
-17.0%
Debt to equity ratio
US$1.07m
Debt
| Interest coverage ratio | n/a |
| Cash | US$677.00 |
| Equity | -US$6.28m |
| Total liabilities | US$38.18m |
| Total assets | US$31.89m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFAR.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AFAR.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: AFAR.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AFAR.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: AFAR.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AFAR.U's interest payments on its debt are well covered by EBIT.