TenX Keane Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
TenX Keane Acquisition has a total shareholder equity of $-2.0M and total debt of $344.9K, which brings its debt-to-equity ratio to -17.4%. Its total assets and total liabilities are $72.6M and $74.6M respectively.
Key information
-17.4%
Debt to equity ratio
US$344.88k
Debt
Interest coverage ratio | n/a |
Cash | US$32.75k |
Equity | -US$1.99m |
Total liabilities | US$74.61m |
Total assets | US$72.62m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TENK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TENK 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: TENK has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TENK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: TENK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TENK's interest payments on its debt are well covered by EBIT.