Iron Horse Acquisitions Balance Sheet Health
Financial Health criteria checks 0/6
Iron Horse Acquisitions has a total shareholder equity of $-2.8M and total debt of $557.8K, which brings its debt-to-equity ratio to -19.8%. Its total assets and total liabilities are $70.4M and $73.2M respectively.
Key information
-19.8%
Debt to equity ratio
US$557.78k
Debt
Interest coverage ratio | n/a |
Cash | US$179.32k |
Equity | -US$2.81m |
Total liabilities | US$73.21m |
Total assets | US$70.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IROH.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IROH.U 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: IROH.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: IROH.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: IROH.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if IROH.U's interest payments on its debt are well covered by EBIT.