Cartica Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Cartica Acquisition has a total shareholder equity of $-11.0M and total debt of $1.7M, which brings its debt-to-equity ratio to -15%. Its total assets and total liabilities are $26.0M and $37.0M respectively.
Key information
-15.0%
Debt to equity ratio
US$1.66m
Debt
| Interest coverage ratio | n/a |
| Cash | US$10.37k |
| Equity | -US$11.02m |
| Total liabilities | US$37.01m |
| Total assets | US$25.99m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CITE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CITE 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: CITE has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CITE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CITE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CITE's interest payments on its debt are well covered by EBIT.