Chenghe Acquisition I Balance Sheet Health
Financial Health criteria checks 0/6
Chenghe Acquisition I has a total shareholder equity of $-4.9M and total debt of $1.5M, which brings its debt-to-equity ratio to -30.5%. Its total assets and total liabilities are $45.9M and $50.8M respectively.
Key information
-30.5%
Debt to equity ratio
US$1.50m
Debt
| Interest coverage ratio | n/a |
| Cash | US$514.75k |
| Equity | -US$4.90m |
| Total liabilities | US$50.77m |
| Total assets | US$45.87m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: LATG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LATG 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: LATG has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LATG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: LATG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LATG's interest payments on its debt are well covered by EBIT.