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Murphy Canyon Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Murphy Canyon Acquisition has a total shareholder equity of $-6.1M and total debt of $750.0K, which brings its debt-to-equity ratio to -12.4%. Its total assets and total liabilities are $23.7M and $29.8M respectively.
Key information
-12.4%
Debt to equity ratio
US$750.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$277.76k |
| Equity | -US$6.07m |
| Total liabilities | US$29.76m |
| Total assets | US$23.69m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: MURF has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MURF 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: MURF has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MURF's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MURF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MURF's interest payments on its debt are well covered by EBIT.