Arogo Capital Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Arogo Capital Acquisition has a total shareholder equity of $-7.6M and total debt of $1.6M, which brings its debt-to-equity ratio to -21.1%. Its total assets and total liabilities are $19.9M and $27.5M respectively.
Key information
-21.1%
Debt to equity ratio
US$1.61m
Debt
Interest coverage ratio | n/a |
Cash | US$78.43k |
Equity | -US$7.63m |
Total liabilities | US$27.54m |
Total assets | US$19.90m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AOGO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AOGO 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: AOGO has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AOGO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: AOGO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AOGO's interest payments on its debt are well covered by EBIT.