Coliseum Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Coliseum Acquisition has a total shareholder equity of $-2.6M and total debt of $500.0K, which brings its debt-to-equity ratio to -19.5%. Its total assets and total liabilities are $31.0M and $33.5M respectively.
Key information
-19.5%
Debt to equity ratio
US$500.00k
Debt
Interest coverage ratio | n/a |
Cash | US$65.99k |
Equity | -US$2.57m |
Total liabilities | US$33.54m |
Total assets | US$30.97m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MITA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MITA 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: MITA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MITA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MITA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MITA's interest payments on its debt are well covered by EBIT.