Blue World Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Blue World Acquisition has a total shareholder equity of $-6.2M and total debt of $2.6M, which brings its debt-to-equity ratio to -43%. Its total assets and total liabilities are $43.1M and $49.2M respectively.
Key information
-43.0%
Debt to equity ratio
US$2.65m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.04k |
| Equity | -US$6.15m |
| Total liabilities | US$49.23m |
| Total assets | US$43.08m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: BWAQ has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BWAQ 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: BWAQ has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: BWAQ's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: BWAQ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BWAQ's interest payments on its debt are well covered by EBIT.