Global Blockchain Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Global Blockchain Acquisition has a total shareholder equity of $-2.5M and total debt of $970.6K, which brings its debt-to-equity ratio to -39.1%. Its total assets and total liabilities are $8.6M and $11.1M respectively.
Key information
-39.1%
Debt to equity ratio
US$970.60k
Debt
| Interest coverage ratio | n/a |
| Cash | US$16.42k |
| Equity | -US$2.48m |
| Total liabilities | US$11.08m |
| Total assets | US$8.60m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GBBK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GBBK 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: GBBK has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GBBK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GBBK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GBBK's interest payments on its debt are well covered by EBIT.