Aetherium Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Aetherium Acquisition has a total shareholder equity of $-7.2M and total debt of $1.4M, which brings its debt-to-equity ratio to -19.6%. Its total assets and total liabilities are $32.9M and $40.2M respectively.
Key information
-19.6%
Debt to equity ratio
US$1.42m
Debt
Interest coverage ratio | n/a |
Cash | US$4.00 |
Equity | -US$7.25m |
Total liabilities | US$40.18m |
Total assets | US$32.93m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GMFI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GMFI 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: GMFI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GMFI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GMFI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GMFI's interest payments on its debt are well covered by EBIT.