DUET Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
DUET Acquisition has a total shareholder equity of $-8.1M and total debt of $2.7M, which brings its debt-to-equity ratio to -32.9%. Its total assets and total liabilities are $14.6M and $22.7M respectively.
Key information
-32.9%
Debt to equity ratio
US$2.67m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.06k |
| Equity | -US$8.12m |
| Total liabilities | US$22.71m |
| Total assets | US$14.59m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: DUET has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: DUET 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: DUET has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: DUET's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: DUET's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if DUET's interest payments on its debt are well covered by EBIT.