TMT Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
TMT Acquisition has a total shareholder equity of $-1.5M and total debt of $800.0K, which brings its debt-to-equity ratio to -51.9%. Its total assets and total liabilities are $65.5M and $67.1M respectively.
Key information
-51.9%
Debt to equity ratio
US$800.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$683.00 |
| Equity | -US$1.54m |
| Total liabilities | US$67.08m |
| Total assets | US$65.54m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMTC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TMTC 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: TMTC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TMTC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: TMTC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TMTC's interest payments on its debt are well covered by EBIT.