Cartesian Growth Corporation II Balance Sheet Health
Financial Health criteria checks 0/6
Cartesian Growth II has a total shareholder equity of $-19.3M and total debt of $5.7M, which brings its debt-to-equity ratio to -29.7%. Its total assets and total liabilities are $182.8M and $202.0M respectively.
Key information
-29.7%
Debt to equity ratio
US$5.73m
Debt
| Interest coverage ratio | n/a |
| Cash | US$199.76k |
| Equity | -US$19.26m |
| Total liabilities | US$202.04m |
| Total assets | US$182.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RENE.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: RENE.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: RENE.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: RENE.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: RENE.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RENE.U's interest payments on its debt are well covered by EBIT.