Trailblazer Merger Corporation I Balance Sheet Health
Financial Health criteria checks 0/6
Trailblazer Merger I has a total shareholder equity of $-5.0M and total debt of $1.9M, which brings its debt-to-equity ratio to -38%. Its total assets and total liabilities are $77.2M and $82.2M respectively.
Key information
-38.0%
Debt to equity ratio
US$1.90m
Debt
| Interest coverage ratio | n/a |
| Cash | US$108.52k |
| Equity | -US$5.00m |
| Total liabilities | US$82.16m |
| Total assets | US$77.16m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TBMC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TBMC 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: TBMC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TBMC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: TBMC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TBMC's interest payments on its debt are well covered by EBIT.