Cactus Acquisition 1 Balance Sheet Health
Financial Health criteria checks 1/6
Cactus Acquisition 1 has a total shareholder equity of $-234.0K and total debt of $354.0K, which brings its debt-to-equity ratio to -151.3%. Its total assets and total liabilities are $21.7M and $22.0M respectively.
Key information
-151.3%
Debt to equity ratio
US$354.00k
Debt
Interest coverage ratio | n/a |
Cash | US$19.00k |
Equity | -US$234.00k |
Total liabilities | US$21.96m |
Total assets | US$21.72m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCTS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CCTS 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: CCTS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CCTS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CCTS's debt is well covered by operating cash flow (104.2%).
Interest Coverage: Insufficient data to determine if CCTS's interest payments on its debt are well covered by EBIT.