Horizon Space Acquisition I Balance Sheet Health
Financial Health criteria checks 0/6
Horizonce Acquisition I has a total shareholder equity of $-2.5M and total debt of $280.0K, which brings its debt-to-equity ratio to -11.1%. Its total assets and total liabilities are $68.2M and $70.8M respectively.
Key information
-11.1%
Debt to equity ratio
US$280.00k
Debt
Interest coverage ratio | n/a |
Cash | US$283.28k |
Equity | -US$2.53m |
Total liabilities | US$70.78m |
Total assets | US$68.25m |
Recent financial health updates
No 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.