Thunder Bridge Capital Partners III Inc.

NasdaqCM:TBCP Stock Report

Market Cap: US$122.2m

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 ration/a
CashUS$30.38k
Equity-US$16.57m
Total liabilitiesUS$22.96m
Total assetsUS$6.39m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TBCP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: TBCP 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 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: TBCP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: TBCP's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if TBCP's interest payments on its debt are well covered by EBIT.


Balance Sheet


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