Goldenstone Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Goldenstone Acquisition has a total shareholder equity of $-6.0M and total debt of $2.5M, which brings its debt-to-equity ratio to -41.4%. Its total assets and total liabilities are $18.4M and $24.4M respectively.
Key information
-41.4%
Debt to equity ratio
US$2.50m
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.04k |
| Equity | -US$6.04m |
| Total liabilities | US$24.43m |
| Total assets | US$18.40m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GDST has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GDST 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: GDST has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GDST's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GDST's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GDST's interest payments on its debt are well covered by EBIT.