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Altitude Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Altitude Acquisition has a total shareholder equity of $-22.2M and total debt of $135.0K, which brings its debt-to-equity ratio to -0.6%. Its total assets and total liabilities are $13.8M and $35.9M respectively.
Key information
-0.6%
Debt to equity ratio
US$135.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$888.00 |
| Equity | -US$22.17m |
| Total liabilities | US$35.93m |
| Total assets | US$13.76m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALTU has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ALTU 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: ALTU has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ALTU's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ALTU's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ALTU's interest payments on its debt are well covered by EBIT.