Aquaron Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Aquaron Acquisition has a total shareholder equity of $-4.5M and total debt of $1.6M, which brings its debt-to-equity ratio to -36.2%. Its total assets and total liabilities are $9.2M and $13.7M respectively.
Key information
-36.2%
Debt to equity ratio
US$1.63m
Debt
| Interest coverage ratio | n/a |
| Cash | US$211.47k |
| Equity | -US$4.50m |
| Total liabilities | US$13.73m |
| Total assets | US$9.23m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AQUN.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AQUN.U 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: AQUN.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AQUN.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: AQUN.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AQUN.U's interest payments on its debt are well covered by EBIT.