Battery Future Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Battery Future Acquisition has a total shareholder equity of $-594.0K and total debt of $196.6K, which brings its debt-to-equity ratio to -33.1%. Its total assets and total liabilities are $41.4M and $42.0M respectively.
Key information
-33.1%
Debt to equity ratio
US$196.57k
Debt
| Interest coverage ratio | n/a |
| Cash | US$15.21k |
| Equity | -US$593.99k |
| Total liabilities | US$42.04m |
| Total assets | US$41.45m |
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.