Social Leverage Acquisition Corp I Balance Sheet Health
Financial Health criteria checks 0/6
Social Leverage Acquisition Corp I has a total shareholder equity of $-8.1M and total debt of $794.1K, which brings its debt-to-equity ratio to -9.8%. Its total assets and total liabilities are $16.5M and $24.5M respectively.
Key information
-9.8%
Debt to equity ratio
US$794.14k
Debt
Interest coverage ratio | n/a |
Cash | US$265.08k |
Equity | -US$8.09m |
Total liabilities | US$24.55m |
Total assets | US$16.46m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SLAC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SLAC 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: SLAC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SLAC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: SLAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SLAC's interest payments on its debt are well covered by EBIT.