LF Capital Acquisition II Balance Sheet Health
Financial Health criteria checks 0/6
LF Capital Acquisition II has a total shareholder equity of $-14.4M and total debt of $2.5M, which brings its debt-to-equity ratio to -17.2%. Its total assets and total liabilities are $121.5M and $135.9M respectively.
Key information
-17.2%
Debt to equity ratio
US$2.48m
Debt
| Interest coverage ratio | n/a |
| Cash | US$176.96k |
| Equity | -US$14.40m |
| Total liabilities | US$135.87m |
| Total assets | US$121.47m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LFAC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LFAC 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: LFAC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LFAC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: LFAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LFAC's interest payments on its debt are well covered by EBIT.