APx Acquisition I Balance Sheet Health
Financial Health criteria checks 3/6
APx Acquisition I has a total shareholder equity of $-825.2K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $63.5M and $64.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$9.37k |
Equity | -US$825.19k |
Total liabilities | US$64.28m |
Total assets | US$63.46m |
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 is debt free.
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 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: APXI has no debt, therefore coverage of interest payments is not a concern.