A SPAC II Acquisition Balance Sheet Health
Financial Health criteria checks 3/6
AC II Acquisition has a total shareholder equity of $-6.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $22.2M and $28.8M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$532.13k |
Equity | -US$6.56m |
Total liabilities | US$28.75m |
Total assets | US$22.20m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASCB.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ASCB.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: ASCB.U is debt free.
Reducing Debt: ASCB.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ASCB.U has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ASCB.U has no debt, therefore coverage of interest payments is not a concern.