Accretion Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Accretion Acquisition has a total shareholder equity of $-8.5M and total debt of $950.7K, which brings its debt-to-equity ratio to -11.2%. Its total assets and total liabilities are $55.9M and $64.4M respectively.
Key information
-11.2%
Debt to equity ratio
US$950.68k
Debt
| Interest coverage ratio | n/a |
| Cash | US$409.00 |
| Equity | -US$8.49m |
| Total liabilities | US$64.41m |
| Total assets | US$55.92m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENER.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ENER.U 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: ENER.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ENER.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ENER.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ENER.U's interest payments on its debt are well covered by EBIT.