Iron Horse Acquisitions Balance Sheet Health
Financial Health criteria checks 0/6
Iron Horse Acquisitions has a total shareholder equity of $-3.2M and total debt of $557.8K, which brings its debt-to-equity ratio to -17.2%. Its total assets and total liabilities are $71.8M and $75.0M respectively.
Key information
-17.2%
Debt to equity ratio
US$557.78k
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.08k |
| Equity | -US$3.24m |
| Total liabilities | US$75.01m |
| Total assets | US$71.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IROH has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IROH 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 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: IROH's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: IROH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if IROH's interest payments on its debt are well covered by EBIT.