Lefteris Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Lefteris Acquisition has a total shareholder equity of $-11.6M and total debt of $761.8K, which brings its debt-to-equity ratio to -6.5%. Its total assets and total liabilities are $207.6M and $219.2M respectively.
Key information
-6.5%
Debt to equity ratio
US$761.80k
Debt
| Interest coverage ratio | n/a |
| Cash | US$956.00 |
| Equity | -US$11.65m |
| Total liabilities | US$219.20m |
| Total assets | US$207.56m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: LFTR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LFTR 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: LFTR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LFTR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: LFTR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LFTR's interest payments on its debt are well covered by EBIT.