Cartesian Growth Corporation II Balance Sheet Health
Financial Health criteria checks 0/6
Cartesian Growth II has a total shareholder equity of $-18.5M and total debt of $4.0M, which brings its debt-to-equity ratio to -21.4%. Its total assets and total liabilities are $174.6M and $193.1M respectively.
Key information
-21.4%
Debt to equity ratio
US$3.98m
Debt
Interest coverage ratio | n/a |
Cash | US$50.93k |
Equity | -US$18.54m |
Total liabilities | US$193.12m |
Total assets | US$174.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RENE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: RENE 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 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: RENE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: RENE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RENE's interest payments on its debt are well covered by EBIT.