EF Hutton Acquisition Corporation I Balance Sheet Health
Financial Health criteria checks 0/6
EF Hutton Acquisition I has a total shareholder equity of $-7.3M and total debt of $351.5K, which brings its debt-to-equity ratio to -4.8%. Its total assets and total liabilities are $37.8M and $45.2M respectively.
Key information
-4.8%
Debt to equity ratio
US$351.49k
Debt
Interest coverage ratio | n/a |
Cash | US$163.00 |
Equity | -US$7.33m |
Total liabilities | US$45.17m |
Total assets | US$37.83m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EFHT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: EFHT 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: EFHT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: EFHT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: EFHT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EFHT's interest payments on its debt are well covered by EBIT.