Atlas Crest Investment II Balance Sheet Health
Financial Health criteria checks 0/6
Atlas Crest Investment II has a total shareholder equity of $-589.6K and total debt of $81.0K, which brings its debt-to-equity ratio to -13.7%. Its total assets and total liabilities are $347.8M and $348.4M respectively.
Key information
-13.7%
Debt to equity ratio
US$81.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$308.92k |
| Equity | -US$589.56k |
| Total liabilities | US$348.41m |
| Total assets | US$347.82m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACII.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ACII.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: ACII.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ACII.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ACII.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ACII.U's interest payments on its debt are well covered by EBIT.