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Northern Revival Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Northern Revival Acquisition has a total shareholder equity of $-4.3M and total debt of $819.2K, which brings its debt-to-equity ratio to -19.1%. Its total assets and total liabilities are $20.8M and $25.1M respectively.
Key information
-19.1%
Debt to equity ratio
US$819.24k
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.95k |
| Equity | -US$4.28m |
| Total liabilities | US$25.06m |
| Total assets | US$20.78m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NRAC.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NRAC.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: NRAC.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NRAC.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: NRAC.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NRAC.U's interest payments on its debt are well covered by EBIT.