Denali Capital Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Denali Capital Acquisition has a total shareholder equity of $-9.2M and total debt of $2.4M, which brings its debt-to-equity ratio to -26.2%. Its total assets and total liabilities are $52.1M and $61.3M respectively.
Key information
-26.2%
Debt to equity ratio
US$2.40m
Debt
Interest coverage ratio | n/a |
Cash | US$1.50k |
Equity | -US$9.16m |
Total liabilities | US$61.28m |
Total assets | US$52.12m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DECA.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: DECA.U 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: DECA.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: DECA.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: DECA.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if DECA.U's interest payments on its debt are well covered by EBIT.