Eureka Acquisition Balance Sheet Health
Financial Health criteria checks 1/6
Eureka Acquisition has a total shareholder equity of $19.7K and total debt of $104.0K, which brings its debt-to-equity ratio to 528.6%. Its total assets and total liabilities are $284.1K and $264.4K respectively.
Key information
528.6%
Debt to equity ratio
US$104.01k
Debt
| Interest coverage ratio | n/a |
| Cash | n/a |
| Equity | US$19.68k |
| Total liabilities | US$264.43k |
| Total assets | US$284.10k |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: EURK's short term assets ($47.2K) do not cover its short term liabilities ($264.4K).
Long Term Liabilities: EURK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EURK's net debt to equity ratio (528.6%) is considered high.
Reducing Debt: Insufficient data to determine if EURK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EURK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EURK's interest payments on its debt are well covered by EBIT.