EQ Health Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
EQ Health Acquisition has a total shareholder equity of $-10.3M and total debt of $600.0K, which brings its debt-to-equity ratio to -5.8%. Its total assets and total liabilities are $221.5M and $231.9M respectively.
Key information
-5.8%
Debt to equity ratio
US$600.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$301.75k |
| Equity | -US$10.33m |
| Total liabilities | US$231.88m |
| Total assets | US$221.55m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EQHA.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: EQHA.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: EQHA.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: EQHA.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: EQHA.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EQHA.U's interest payments on its debt are well covered by EBIT.