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EdtechX Holdings Acquisition II Balance Sheet Health
Financial Health criteria checks 0/6
EdtechX Holdings Acquisition II has a total shareholder equity of $-1.2M and total debt of $849.9K, which brings its debt-to-equity ratio to -72.6%. Its total assets and total liabilities are $3.2M and $4.4M respectively.
Key information
-72.6%
Debt to equity ratio
US$849.92k
Debt
Interest coverage ratio | n/a |
Cash | US$83.43k |
Equity | -US$1.17m |
Total liabilities | US$4.37m |
Total assets | US$3.20m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDTX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: EDTX 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: EDTX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: EDTX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: EDTX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EDTX's interest payments on its debt are well covered by EBIT.