Patria Latin American Opportunity Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Patria Latin American Opportunity Acquisition has a total shareholder equity of $-9.0M and total debt of $3.3M, which brings its debt-to-equity ratio to -36.4%. Its total assets and total liabilities are $190.8M and $199.8M respectively.
Key information
-36.4%
Debt to equity ratio
US$3.28m
Debt
Interest coverage ratio | n/a |
Cash | US$3.00k |
Equity | -US$9.01m |
Total liabilities | US$199.81m |
Total assets | US$190.80m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLAO.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PLAO.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: PLAO.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PLAO.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: PLAO.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PLAO.U's interest payments on its debt are well covered by EBIT.