Golden Arrow Merger Balance Sheet Health
Financial Health criteria checks 0/6
Golden Arrow Merger has a total shareholder equity of $-19.4M and total debt of $2.1M, which brings its debt-to-equity ratio to -10.6%. Its total assets and total liabilities are $6.5M and $26.0M respectively.
Key information
-10.6%
Debt to equity ratio
US$2.06m
Debt
Interest coverage ratio | n/a |
Cash | US$60.51k |
Equity | -US$19.43m |
Total liabilities | US$25.96m |
Total assets | US$6.52m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GAMC.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GAMC.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: GAMC.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GAMC.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GAMC.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GAMC.U's interest payments on its debt are well covered by EBIT.