Chardan NexTech Acquisition 2 Corp.

NasdaqCM:CNTQ Stock Report

Market Cap: US$221.4m

Chardan NexTech Acquisition 2 Balance Sheet Health

Financial Health criteria checks 3/6

Insufficient data to determine the health of Chardan NexTech Acquisition 2

Key information

n/a

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$349.72k
Equity-US$402.85k
Total liabilitiesUS$129.59m
Total assetsUS$129.19m

Recent financial health updates

No updates

Recent updates

Chardan Nextech Acquisition 2 shareholders approve acquisition of Dragonfly Energy

Oct 06

Financial Position Analysis

Short Term Liabilities: CNTQ has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: CNTQ 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: CNTQ is debt free.

Reducing Debt: CNTQ's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: CNTQ has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CNTQ has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies