AltC Acquisition Balance Sheet Health
Financial Health criteria checks 3/6
AltC Acquisition has a total shareholder equity of $-8.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $308.2M and $316.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$420.81k |
Equity | -US$8.35m |
Total liabilities | US$316.56m |
Total assets | US$308.21m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALCC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ALCC 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: ALCC is debt free.
Reducing Debt: ALCC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ALCC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ALCC has no debt, therefore coverage of interest payments is not a concern.