Plutonian Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Plutonian Acquisition has a total shareholder equity of $-3.3M and total debt of $1.0M, which brings its debt-to-equity ratio to -30.2%. Its total assets and total liabilities are $35.5M and $38.8M respectively.
Key information
-30.2%
Debt to equity ratio
US$1.01m
Debt
Interest coverage ratio | n/a |
Cash | US$425.85k |
Equity | -US$3.35m |
Total liabilities | US$38.82m |
Total assets | US$35.48m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLTN.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PLTN.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: PLTN.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PLTN.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: PLTN.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PLTN.U's interest payments on its debt are well covered by EBIT.