Swiftmerge Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Swiftmerge Acquisition has a total shareholder equity of $-3.3M and total debt of $600.0K, which brings its debt-to-equity ratio to -18.1%. Its total assets and total liabilities are $13.4M and $16.7M respectively.
Key information
-18.1%
Debt to equity ratio
US$600.00k
Debt
Interest coverage ratio | n/a |
Cash | US$28.05k |
Equity | -US$3.32m |
Total liabilities | US$16.71m |
Total assets | US$13.39m |
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.