Denali Capital Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Denali Capital Acquisition has a total shareholder equity of $-9.4M and total debt of $2.6M, which brings its debt-to-equity ratio to -27.8%. Its total assets and total liabilities are $8.9M and $18.4M respectively.
Key information
-27.8%
Debt to equity ratio
US$2.63m
Debt
| Interest coverage ratio | n/a |
| Cash | US$14.29k |
| Equity | -US$9.45m |
| Total liabilities | US$18.37m |
| Total assets | US$8.92m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DECA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: DECA 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 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: DECA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: DECA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if DECA's interest payments on its debt are well covered by EBIT.