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FTAC Zeus Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
FTAC Zeus Acquisition has a total shareholder equity of $-17.9M and total debt of $771.9K, which brings its debt-to-equity ratio to -4.3%. Its total assets and total liabilities are $427.5M and $445.4M respectively.
Key information
-4.3%
Debt to equity ratio
US$771.94k
Debt
| Interest coverage ratio | n/a |
| Cash | US$213.04k |
| Equity | -US$17.94m |
| Total liabilities | US$445.44m |
| Total assets | US$427.50m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZING.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ZING.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: ZING.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ZING.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ZING.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ZING.U's interest payments on its debt are well covered by EBIT.