Nubia Brand International Balance Sheet Health
Financial Health criteria checks 0/6
Nubia Brand International has a total shareholder equity of $-8.5M and total debt of $1.9M, which brings its debt-to-equity ratio to -22.9%. Its total assets and total liabilities are $42.6M and $51.1M respectively.
Key information
-22.9%
Debt to equity ratio
US$1.94m
Debt
Interest coverage ratio | n/a |
Cash | US$1.55k |
Equity | -US$8.45m |
Total liabilities | US$51.06m |
Total assets | US$42.61m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NUBI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NUBI 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: NUBI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NUBI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: NUBI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NUBI's interest payments on its debt are well covered by EBIT.