Qomolangma Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Qomolangma Acquisition has a total shareholder equity of $-3.9M and total debt of $792.3K, which brings its debt-to-equity ratio to -20.2%. Its total assets and total liabilities are $33.9M and $37.8M respectively.
Key information
-20.2%
Debt to equity ratio
US$792.25k
Debt
Interest coverage ratio | n/a |
Cash | US$46.62k |
Equity | -US$3.92m |
Total liabilities | US$37.81m |
Total assets | US$33.89m |
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.