Embrace Change Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Embrace Change Acquisition has a total shareholder equity of $-5.7M and total debt of $1.6M, which brings its debt-to-equity ratio to -28.7%. Its total assets and total liabilities are $25.8M and $31.6M respectively.
Key information
-28.7%
Debt to equity ratio
US$1.65m
Debt
| Interest coverage ratio | n/a |
| Cash | US$13.05k |
| Equity | -US$5.75m |
| Total liabilities | US$31.57m |
| Total assets | US$25.82m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EMCG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: EMCG 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: EMCG has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: EMCG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: EMCG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EMCG's interest payments on its debt are well covered by EBIT.