Seaport Global Acquisition II Balance Sheet Health
Financial Health criteria checks 0/6
Seaport Global Acquisition II has a total shareholder equity of $-12.4M and total debt of $1.2M, which brings its debt-to-equity ratio to -9.7%. Its total assets and total liabilities are $36.6M and $49.0M respectively.
Key information
-9.7%
Debt to equity ratio
US$1.20m
Debt
| Interest coverage ratio | n/a |
| Cash | US$31.49k |
| Equity | -US$12.40m |
| Total liabilities | US$49.01m |
| Total assets | US$36.61m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGII has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SGII 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: SGII has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SGII's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: SGII's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SGII's interest payments on its debt are well covered by EBIT.