FAST Acquisition II Balance Sheet Health
Financial Health criteria checks 0/6
FAST Acquisition II has a total shareholder equity of $-22.0M and total debt of $2.3M, which brings its debt-to-equity ratio to -10.3%. Its total assets and total liabilities are $75.2M and $97.1M respectively.
Key information
-10.3%
Debt to equity ratio
US$2.26m
Debt
| Interest coverage ratio | n/a |
| Cash | US$330.32k |
| Equity | -US$21.96m |
| Total liabilities | US$97.11m |
| Total assets | US$75.16m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FZT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: FZT 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: FZT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: FZT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: FZT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FZT's interest payments on its debt are well covered by EBIT.