Distoken Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Distoken Acquisition has a total shareholder equity of $-1.7M and total debt of $850.8K, which brings its debt-to-equity ratio to -49%. Its total assets and total liabilities are $43.4M and $45.2M respectively.
Key information
-49.0%
Debt to equity ratio
US$850.81k
Debt
| Interest coverage ratio | n/a |
| Cash | US$10.60k |
| Equity | -US$1.74m |
| Total liabilities | US$45.16m |
| Total assets | US$43.42m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DIST has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: DIST 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: DIST has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: DIST's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: DIST's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if DIST's interest payments on its debt are well covered by EBIT.