HCM Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
HCM Acquisition has a total shareholder equity of $-8.6M and total debt of $1.3M, which brings its debt-to-equity ratio to -14.7%. Its total assets and total liabilities are $44.8M and $53.4M respectively.
Key information
-14.7%
Debt to equity ratio
US$1.26m
Debt
| Interest coverage ratio | n/a |
| Cash | US$79.10k |
| Equity | -US$8.56m |
| Total liabilities | US$53.41m |
| Total assets | US$44.85m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HCMA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: HCMA 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: HCMA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: HCMA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: HCMA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if HCMA's interest payments on its debt are well covered by EBIT.