Banyan Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Banyan Acquisition has a total shareholder equity of $-14.3M and total debt of $506.0K, which brings its debt-to-equity ratio to -3.5%. Its total assets and total liabilities are $42.8M and $57.1M respectively.
Key information
-3.5%
Debt to equity ratio
US$506.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$304.55k |
| Equity | -US$14.27m |
| Total liabilities | US$57.10m |
| Total assets | US$42.83m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BYN.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BYN.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: BYN.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: BYN.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: BYN.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BYN.U's interest payments on its debt are well covered by EBIT.