byNordic Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
byNordic Acquisition has a total shareholder equity of $-12.5M and total debt of $5.9M, which brings its debt-to-equity ratio to -47.4%. Its total assets and total liabilities are $13.7M and $26.2M respectively.
Key information
-47.4%
Debt to equity ratio
US$5.94m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.93m |
| Equity | -US$12.52m |
| Total liabilities | US$26.22m |
| Total assets | US$13.70m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BYNO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BYNO 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: BYNO has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: BYNO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: BYNO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BYNO's interest payments on its debt are well covered by EBIT.