Concord Acquisition Corp III Balance Sheet Health
Financial Health criteria checks 0/6
Concord Acquisition Corp III has a total shareholder equity of $-14.5M and total debt of $35.0K, which brings its debt-to-equity ratio to -0.2%. Its total assets and total liabilities are $42.7M and $57.2M respectively.
Key information
-0.2%
Debt to equity ratio
US$35.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$16.37k |
| Equity | -US$14.49m |
| Total liabilities | US$57.22m |
| Total assets | US$42.73m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNDB.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CNDB.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: CNDB.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CNDB.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CNDB.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CNDB.U's interest payments on its debt are well covered by EBIT.