Global Technology Acquisition I Balance Sheet Health
Financial Health criteria checks 0/6
Global Technology Acquisition I has a total shareholder equity of $-4.6M and total debt of $250.0K, which brings its debt-to-equity ratio to -5.5%. Its total assets and total liabilities are $23.0M and $27.5M respectively.
Key information
-5.5%
Debt to equity ratio
US$250.00k
Debt
Interest coverage ratio | n/a |
Cash | US$14.00k |
Equity | -US$4.56m |
Total liabilities | US$27.53m |
Total assets | US$22.97m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GTAC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GTAC 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: GTAC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GTAC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GTAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GTAC's interest payments on its debt are well covered by EBIT.