Spark I Acquisition Corporation

NasdaqGM:SPKL Stock Report

Market Cap: US$173.4m

Spark I Acquisition Balance Sheet Health

Financial Health criteria checks 0/6

Spark I Acquisition has a total shareholder equity of $-3.8M and total debt of $3.5K, which brings its debt-to-equity ratio to -0.09%. Its total assets and total liabilities are $105.9M and $109.7M respectively.

Key information

-0.09%

Debt to equity ratio

US$3.50k

Debt

Interest coverage ration/a
CashUS$82.76k
Equity-US$3.75m
Total liabilitiesUS$109.66m
Total assetsUS$105.91m

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.


Balance Sheet


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