This company is no longer active
Jupiter Wellness Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Jupiter Wellness Acquisition has a total shareholder equity of $-7.7M and total debt of $2.9M, which brings its debt-to-equity ratio to -37.1%. Its total assets and total liabilities are $145.6M and $153.3M respectively.
Key information
-37.1%
Debt to equity ratio
US$2.86m
Debt
Interest coverage ratio | n/a |
Cash | US$17.73k |
Equity | -US$7.72m |
Total liabilities | US$153.28m |
Total assets | US$145.56m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JWAC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: JWAC 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: JWAC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: JWAC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: JWAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if JWAC's interest payments on its debt are well covered by EBIT.