Spark I Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Spark I Acquisition has a total shareholder equity of $-3.3M and total debt of $3.5K, which brings its debt-to-equity ratio to -0.1%. Its total assets and total liabilities are $105.0M and $108.3M respectively.
Key information
-0.1%
Debt to equity ratio
US$3.50k
Debt
| Interest coverage ratio | n/a |
| Cash | US$471.21k |
| Equity | -US$3.30m |
| Total liabilities | US$108.29m |
| Total assets | US$105.00m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPKL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SPKL 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: SPKL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SPKL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: SPKL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SPKL's interest payments on its debt are well covered by EBIT.