Thunder Bridge Capital Partners IV Balance Sheet Health
Financial Health criteria checks 0/6
Thunder Bridge Capital Partners IV has a total shareholder equity of $-7.0M and total debt of $2.0M, which brings its debt-to-equity ratio to -28.9%. Its total assets and total liabilities are $31.5M and $38.5M respectively.
Key information
-28.9%
Debt to equity ratio
US$2.03m
Debt
| Interest coverage ratio | n/a |
| Cash | US$196.00 |
| Equity | -US$7.02m |
| Total liabilities | US$38.52m |
| Total assets | US$31.50m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THCP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: THCP 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: THCP has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: THCP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: THCP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if THCP's interest payments on its debt are well covered by EBIT.