PowerUp Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
PowerUp Acquisition has a total shareholder equity of $-6.5M and total debt of $5.3M, which brings its debt-to-equity ratio to -82%. Its total assets and total liabilities are $6.7M and $13.2M respectively.
Key information
-82.0%
Debt to equity ratio
US$5.34m
Debt
| Interest coverage ratio | n/a |
| Cash | US$280.00 |
| Equity | -US$6.51m |
| Total liabilities | US$13.17m |
| Total assets | US$6.66m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: PWUP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PWUP 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 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PWUP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: PWUP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PWUP's interest payments on its debt are well covered by EBIT.