ESGEN Acquisition Balance Sheet Health
Financial Health criteria checks 1/6
ESGEN Acquisition has a total shareholder equity of $-7.7M and total debt of $1.4M, which brings its debt-to-equity ratio to -18.2%. Its total assets and total liabilities are $32.7M and $40.4M respectively.
Key information
-18.2%
Debt to equity ratio
US$1.41m
Debt
| Interest coverage ratio | n/a |
| Cash | US$267.06k |
| Equity | -US$7.75m |
| Total liabilities | US$40.41m |
| Total assets | US$32.66m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ESAC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ESAC 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: ESAC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ESAC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ESAC's debt is well covered by operating cash flow (346.5%).
Interest Coverage: Insufficient data to determine if ESAC's interest payments on its debt are well covered by EBIT.