Thunder Bridge Capital Partners III Balance Sheet Health
Financial Health criteria checks 0/6
Thunder Bridge Capital Partners III has a total shareholder equity of $-16.6M and total debt of $803.0K, which brings its debt-to-equity ratio to -4.8%. Its total assets and total liabilities are $6.4M and $23.0M respectively.
Key information
-4.8%
Debt to equity ratio
US$803.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$30.38k |
| Equity | -US$16.57m |
| Total liabilities | US$22.96m |
| Total assets | US$6.39m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TBCP.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TBCP.U 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: TBCP.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TBCP.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: TBCP.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TBCP.U's interest payments on its debt are well covered by EBIT.