99 Acquisition Group Balance Sheet Health
Financial Health criteria checks 0/6
99 Acquisition Group has a total shareholder equity of $-2.9M and total debt of $102.6K, which brings its debt-to-equity ratio to -3.5%. Its total assets and total liabilities are $78.5M and $81.5M respectively.
Key information
-3.5%
Debt to equity ratio
US$102.61k
Debt
Interest coverage ratio | n/a |
Cash | US$109.00 |
Equity | -US$2.94m |
Total liabilities | US$81.46m |
Total assets | US$78.52m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NNAG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NNAG 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: NNAG has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NNAG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: NNAG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NNAG's interest payments on its debt are well covered by EBIT.