EG Acquisition Corp.

NYSE:EGGF.U Stock Report

Market Cap: US$118.1m

EG Acquisition Balance Sheet Health

Financial Health criteria checks 0/6

EG Acquisition has a total shareholder equity of $-17.4M and total debt of $2.8M, which brings its debt-to-equity ratio to -16.1%. Its total assets and total liabilities are $45.7M and $63.1M respectively.

Key information

-16.1%

Debt to equity ratio

US$2.81m

Debt

Interest coverage ration/a
CashUS$454.78k
Equity-US$17.44m
Total liabilitiesUS$63.12m
Total assetsUS$45.68m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: EGGF.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: EGGF.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: EGGF.U has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: EGGF.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: EGGF.U's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if EGGF.U's interest payments on its debt are well covered by EBIT.


Balance Sheet


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