Technology & Telecommunication Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Technology & Telecommunication Acquisition has a total shareholder equity of $-8.7M and total debt of $3.5M, which brings its debt-to-equity ratio to -39.9%. Its total assets and total liabilities are $31.2M and $39.9M respectively.
Key information
-39.9%
Debt to equity ratio
US$3.46m
Debt
| Interest coverage ratio | n/a |
| Cash | US$40.53k |
| Equity | -US$8.67m |
| Total liabilities | US$39.91m |
| Total assets | US$31.24m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TETE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TETE 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: TETE has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TETE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: TETE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TETE's interest payments on its debt are well covered by EBIT.