Moringa Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Moringa Acquisition has a total shareholder equity of $-2.8M and total debt of $2.8M, which brings its debt-to-equity ratio to -99.7%. Its total assets and total liabilities are $5.8M and $8.7M respectively.
Key information
-99.7%
Debt to equity ratio
US$2.84m
Debt
Interest coverage ratio | n/a |
Cash | US$108.28k |
Equity | -US$2.85m |
Total liabilities | US$8.68m |
Total assets | US$5.83m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MACA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MACA 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: MACA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MACA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MACA's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: Insufficient data to determine if MACA's interest payments on its debt are well covered by EBIT.