Newcourt Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Newcourt Acquisition has a total shareholder equity of $-16.1M and total debt of $1.6M, which brings its debt-to-equity ratio to -10%. Its total assets and total liabilities are $12.7M and $28.7M respectively.
Key information
-10.0%
Debt to equity ratio
US$1.61m
Debt
| Interest coverage ratio | n/a |
| Cash | US$88.17k |
| Equity | -US$16.07m |
| Total liabilities | US$28.75m |
| Total assets | US$12.68m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCAC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NCAC 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: NCAC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NCAC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: NCAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NCAC's interest payments on its debt are well covered by EBIT.