Mars Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Mars Acquisition has a total shareholder equity of $-627.0K and total debt of $452.1K, which brings its debt-to-equity ratio to -72.1%. Its total assets and total liabilities are $23.1M and $23.7M respectively.
Key information
-72.1%
Debt to equity ratio
US$452.09k
Debt
| Interest coverage ratio | n/a |
| Cash | US$206.76k |
| Equity | -US$627.01k |
| Total liabilities | US$23.73m |
| Total assets | US$23.10m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MARX.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MARX.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: MARX.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MARX.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MARX.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MARX.U's interest payments on its debt are well covered by EBIT.