Trailblazer Merger Corporation I Balance Sheet Health
Financial Health criteria checks 0/6
Trailblazer Merger I has a total shareholder equity of $-2.7M and total debt of $1.0M, which brings its debt-to-equity ratio to -37.4%. Its total assets and total liabilities are $75.2M and $77.9M respectively.
Key information
-37.4%
Debt to equity ratio
US$1.01m
Debt
Interest coverage ratio | n/a |
Cash | US$578.64k |
Equity | -US$2.71m |
Total liabilities | US$77.88m |
Total assets | US$75.17m |
Recent financial health updates
No 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.