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 ratio | n/a |
| Cash | US$454.78k |
| Equity | -US$17.44m |
| Total liabilities | US$63.12m |
| Total assets | US$45.68m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGGF has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: EGGF 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 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: EGGF's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: EGGF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EGGF's interest payments on its debt are well covered by EBIT.