Chenghe Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Chenghe Acquisition has a total shareholder equity of $-6.0M and total debt of $100.0K, which brings its debt-to-equity ratio to -1.7%. Its total assets and total liabilities are $91.7M and $97.6M respectively.
Key information
-1.7%
Debt to equity ratio
US$100.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$185.76k |
| Equity | -US$5.96m |
| Total liabilities | US$97.61m |
| Total assets | US$91.65m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHEA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CHEA 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: CHEA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CHEA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CHEA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CHEA's interest payments on its debt are well covered by EBIT.