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ROC Energy Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
ROC Energy Acquisition has a total shareholder equity of $-5.9M and total debt of $4.3M, which brings its debt-to-equity ratio to -71.6%. Its total assets and total liabilities are $217.9M and $223.9M respectively.
Key information
-71.6%
Debt to equity ratio
US$4.26m
Debt
Interest coverage ratio | n/a |
Cash | US$7.48k |
Equity | -US$5.95m |
Total liabilities | US$223.86m |
Total assets | US$217.91m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ROC 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: ROC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ROC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ROC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ROC's interest payments on its debt are well covered by EBIT.