Lakeshore Acquisition II Balance Sheet Health
Financial Health criteria checks 0/6
Lakeshore Acquisition II has a total shareholder equity of $-3.7M and total debt of $870.0K, which brings its debt-to-equity ratio to -23.3%. Its total assets and total liabilities are $37.8M and $41.6M respectively.
Key information
-23.3%
Debt to equity ratio
US$870.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$30.05k |
| Equity | -US$3.74m |
| Total liabilities | US$41.59m |
| Total assets | US$37.84m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LBBB.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LBBB.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: LBBB.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LBBB.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: LBBB.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LBBB.U's interest payments on its debt are well covered by EBIT.