Worldwide Webb Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Worldwide Webb Acquisition has a total shareholder equity of $-8.1M and total debt of $548.4K, which brings its debt-to-equity ratio to -6.8%. Its total assets and total liabilities are $49.6M and $57.6M respectively.
Key information
-6.8%
Debt to equity ratio
US$548.41k
Debt
| Interest coverage ratio | n/a |
| Cash | US$41.84k |
| Equity | -US$8.09m |
| Total liabilities | US$57.65m |
| Total assets | US$49.56m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WWAC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: WWAC 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: WWAC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: WWAC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: WWAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if WWAC's interest payments on its debt are well covered by EBIT.