Welsbach Technology Metals Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Welsbach Technology Metals Acquisition has a total shareholder equity of $-9.5M and total debt of $3.2M, which brings its debt-to-equity ratio to -33.8%. Its total assets and total liabilities are $24.2M and $33.7M respectively.
Key information
-33.8%
Debt to equity ratio
US$3.22m
Debt
Interest coverage ratio | n/a |
Cash | US$6.76k |
Equity | -US$9.53m |
Total liabilities | US$33.72m |
Total assets | US$24.20m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: WTMA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: WTMA 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: WTMA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: WTMA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: WTMA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if WTMA's interest payments on its debt are well covered by EBIT.