Yotta Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Yotta Acquisition has a total shareholder equity of $-8.0M and total debt of $2.2M, which brings its debt-to-equity ratio to -28%. Its total assets and total liabilities are $5.8M and $13.8M respectively.
Key information
-28.0%
Debt to equity ratio
US$2.24m
Debt
| Interest coverage ratio | n/a |
| Cash | US$404.40k |
| Equity | -US$8.00m |
| Total liabilities | US$13.77m |
| Total assets | US$5.77m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YOTA.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: YOTA.U 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: YOTA.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: YOTA.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: YOTA.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if YOTA.U's interest payments on its debt are well covered by EBIT.