Swiftmerge Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Swiftmerge Acquisition has a total shareholder equity of $-4.1M and total debt of $1.2M, which brings its debt-to-equity ratio to -29.4%. Its total assets and total liabilities are $13.7M and $17.9M respectively.
Key information
-29.4%
Debt to equity ratio
US$1.21m
Debt
| Interest coverage ratio | n/a |
| Cash | US$9.52k |
| Equity | -US$4.11m |
| Total liabilities | US$17.85m |
| Total assets | US$13.75m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IVCP.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IVCP.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: IVCP.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: IVCP.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: IVCP.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if IVCP.U's interest payments on its debt are well covered by EBIT.