Global Star Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Global Star Acquisition has a total shareholder equity of $-7.9M and total debt of $2.4M, which brings its debt-to-equity ratio to -30.6%. Its total assets and total liabilities are $13.3M and $21.2M respectively.
Key information
-30.6%
Debt to equity ratio
US$2.42m
Debt
| Interest coverage ratio | n/a |
| Cash | US$392.14k |
| Equity | -US$7.91m |
| Total liabilities | US$21.25m |
| Total assets | US$13.34m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLST has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GLST 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: GLST has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GLST's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GLST's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GLST's interest payments on its debt are well covered by EBIT.