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Cascadia Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Cascadia Acquisition has a total shareholder equity of $-8.0M and total debt of $221.8K, which brings its debt-to-equity ratio to -2.8%. Its total assets and total liabilities are $4.7M and $12.7M respectively.
Key information
-2.8%
Debt to equity ratio
US$221.79k
Debt
Interest coverage ratio | n/a |
Cash | US$534.81k |
Equity | -US$8.03m |
Total liabilities | US$12.75m |
Total assets | US$4.71m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCAI.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CCAI.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: CCAI.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CCAI.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CCAI.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CCAI.U's interest payments on its debt are well covered by EBIT.