APx Acquisition I Balance Sheet Health
Financial Health criteria checks 0/6
APx Acquisition I has a total shareholder equity of $-4.8M and total debt of $2.1M, which brings its debt-to-equity ratio to -43.5%. Its total assets and total liabilities are $66.2M and $71.0M respectively.
Key information
-43.5%
Debt to equity ratio
US$2.11m
Debt
| Interest coverage ratio | n/a |
| Cash | US$168.00 |
| Equity | -US$4.85m |
| Total liabilities | US$71.02m |
| Total assets | US$66.17m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: APXI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: APXI 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: APXI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: APXI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: APXI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if APXI's interest payments on its debt are well covered by EBIT.