Fusion Acquisition II Balance Sheet Health
Financial Health criteria checks 0/6
Fusion Acquisition II has a total shareholder equity of $-21.0M and total debt of $625.4K, which brings its debt-to-equity ratio to -3%. Its total assets and total liabilities are $502.9M and $523.9M respectively.
Key information
-3.0%
Debt to equity ratio
US$625.36k
Debt
Interest coverage ratio | n/a |
Cash | US$372.96k |
Equity | -US$20.96m |
Total liabilities | US$523.86m |
Total assets | US$502.90m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FSNB has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: FSNB 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: FSNB has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: FSNB's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: FSNB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FSNB's interest payments on its debt are well covered by EBIT.