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Cetus Capital Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Cetus Capital Acquisition has a total shareholder equity of $-3.5M and total debt of $949.7K, which brings its debt-to-equity ratio to -27.4%. Its total assets and total liabilities are $21.9M and $25.4M respectively.
Key information
-27.4%
Debt to equity ratio
US$949.74k
Debt
| Interest coverage ratio | n/a |
| Cash | US$19.55k |
| Equity | -US$3.46m |
| Total liabilities | US$25.35m |
| Total assets | US$21.89m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CETU has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CETU 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: CETU has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CETU's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CETU's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CETU's interest payments on its debt are well covered by EBIT.