PowerUp Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
PowerUp Acquisition has a total shareholder equity of $-5.9M and total debt of $5.4M, which brings its debt-to-equity ratio to -90.8%. Its total assets and total liabilities are $6.9M and $12.8M respectively.
Key information
-90.8%
Debt to equity ratio
US$5.36m
Debt
| Interest coverage ratio | n/a |
| Cash | US$280.00 |
| Equity | -US$5.90m |
| Total liabilities | US$12.76m |
| Total assets | US$6.87m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PWUP.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PWUP.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: PWUP.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PWUP.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: PWUP.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PWUP.U's interest payments on its debt are well covered by EBIT.