Kairous Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Kairous Acquisition has a total shareholder equity of $-6.2M and total debt of $3.1M, which brings its debt-to-equity ratio to -50.3%. Its total assets and total liabilities are $16.6M and $22.8M respectively.
Key information
-50.3%
Debt to equity ratio
US$3.14m
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.10k |
| Equity | -US$6.25m |
| Total liabilities | US$22.81m |
| Total assets | US$16.56m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KACL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: KACL 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: KACL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: KACL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: KACL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if KACL's interest payments on its debt are well covered by EBIT.