Papaya Growth Opportunity I Balance Sheet Health
Financial Health criteria checks 0/6
Papaya Growth Opportunity I has a total shareholder equity of $-20.5M and total debt of $2.6M, which brings its debt-to-equity ratio to -12.8%. Its total assets and total liabilities are $25.7M and $46.2M respectively.
Key information
-12.8%
Debt to equity ratio
US$2.62m
Debt
Interest coverage ratio | n/a |
Cash | US$2.01k |
Equity | -US$20.53m |
Total liabilities | US$46.19m |
Total assets | US$25.66m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPYA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PPYA 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: PPYA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PPYA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: PPYA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PPYA's interest payments on its debt are well covered by EBIT.