Focus Impact Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Focus Impact Acquisition has a total shareholder equity of $-12.4M and total debt of $2.7M, which brings its debt-to-equity ratio to -21.5%. Its total assets and total liabilities are $19.3M and $31.8M respectively.
Key information
-21.5%
Debt to equity ratio
US$2.68m
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.08k |
| Equity | -US$12.45m |
| Total liabilities | US$31.79m |
| Total assets | US$19.35m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FIAC.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: FIAC.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: FIAC.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: FIAC.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: FIAC.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FIAC.U's interest payments on its debt are well covered by EBIT.