Horizon Space Acquisition I Balance Sheet Health
Financial Health criteria checks 0/6
Horizonce Acquisition I has a total shareholder equity of $-3.9M and total debt of $1.3M, which brings its debt-to-equity ratio to -34.4%. Its total assets and total liabilities are $62.3M and $66.1M respectively.
Key information
-34.4%
Debt to equity ratio
US$1.34m
Debt
| Interest coverage ratio | n/a |
| Cash | US$128.17k |
| Equity | -US$3.89m |
| Total liabilities | US$66.14m |
| Total assets | US$62.25m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HSPO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: HSPO 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: HSPO has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: HSPO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: HSPO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if HSPO's interest payments on its debt are well covered by EBIT.