Aquaron Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Aquaron Acquisition has a total shareholder equity of $-5.0M and total debt of $1.8M, which brings its debt-to-equity ratio to -36.1%. Its total assets and total liabilities are $9.4M and $14.3M respectively.
Key information
-36.1%
Debt to equity ratio
US$1.79m
Debt
| Interest coverage ratio | n/a |
| Cash | US$109.65k |
| Equity | -US$4.96m |
| Total liabilities | US$14.34m |
| Total assets | US$9.38m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AQU has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AQU 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: AQU has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AQU's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: AQU's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AQU's interest payments on its debt are well covered by EBIT.