Yotta Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Yotta Acquisition has a total shareholder equity of $-7.9M and total debt of $1.7M, which brings its debt-to-equity ratio to -21%. Its total assets and total liabilities are $8.6M and $16.5M respectively.
Key information
-21.0%
Debt to equity ratio
US$1.66m
Debt
Interest coverage ratio | n/a |
Cash | US$652.40k |
Equity | -US$7.90m |
Total liabilities | US$16.48m |
Total assets | US$8.57m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YOTA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: YOTA 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 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: YOTA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: YOTA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if YOTA's interest payments on its debt are well covered by EBIT.