Plum Acquisition III Balance Sheet Health
Financial Health criteria checks 0/6
Plum Acquisition III has a total shareholder equity of $-2.0M and total debt of $718.9K, which brings its debt-to-equity ratio to -36.8%. Its total assets and total liabilities are $25.2M and $27.2M respectively.
Key information
-36.8%
Debt to equity ratio
US$718.87k
Debt
| Interest coverage ratio | n/a |
| Cash | US$49.39k |
| Equity | -US$1.95m |
| Total liabilities | US$27.16m |
| Total assets | US$25.21m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLMJ has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PLMJ 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: PLMJ has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PLMJ's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: PLMJ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PLMJ's interest payments on its debt are well covered by EBIT.