Battery Future Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Battery Future Acquisition has a total shareholder equity of $-730.4K and total debt of $265.5K, which brings its debt-to-equity ratio to -36.3%. Its total assets and total liabilities are $41.9M and $42.6M respectively.
Key information
-36.3%
Debt to equity ratio
US$265.48k
Debt
| Interest coverage ratio | n/a |
| Cash | US$12.22k |
| Equity | -US$730.41k |
| Total liabilities | US$42.64m |
| Total assets | US$41.91m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BFAC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BFAC 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: BFAC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: BFAC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: BFAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BFAC's interest payments on its debt are well covered by EBIT.