Qomolangma Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Qomolangma Acquisition has a total shareholder equity of $-4.6M and total debt of $937.3K, which brings its debt-to-equity ratio to -20.4%. Its total assets and total liabilities are $9.5M and $14.1M respectively.
Key information
-20.4%
Debt to equity ratio
US$937.25k
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.31k |
| Equity | -US$4.60m |
| Total liabilities | US$14.08m |
| Total assets | US$9.48m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QOMO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: QOMO 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: QOMO has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: QOMO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: QOMO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if QOMO's interest payments on its debt are well covered by EBIT.