Twelve Seas Investment Company II Balance Sheet Health
Financial Health criteria checks 0/6
Twelve Seas Investment Company II has a total shareholder equity of $-2.6M and total debt of $736.9K, which brings its debt-to-equity ratio to -28.9%. Its total assets and total liabilities are $34.2M and $36.7M respectively.
Key information
-28.9%
Debt to equity ratio
US$736.92k
Debt
| Interest coverage ratio | n/a |
| Cash | US$278.84k |
| Equity | -US$2.55m |
| Total liabilities | US$36.74m |
| Total assets | US$34.19m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TWLV has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TWLV 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: TWLV has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TWLV's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: TWLV's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TWLV's interest payments on its debt are well covered by EBIT.