Black Mountain Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Black Mountain Acquisition has a total shareholder equity of $-14.2M and total debt of $1.1M, which brings its debt-to-equity ratio to -7.5%. Its total assets and total liabilities are $52.9M and $67.0M respectively.
Key information
-7.5%
Debt to equity ratio
US$1.06m
Debt
| Interest coverage ratio | n/a |
| Cash | US$466.24k |
| Equity | -US$14.16m |
| Total liabilities | US$67.01m |
| Total assets | US$52.85m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BMAC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BMAC 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: BMAC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: BMAC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: BMAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BMAC's interest payments on its debt are well covered by EBIT.