Infinite Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Infinite Acquisition has a total shareholder equity of $-10.7M and total debt of $450.0K, which brings its debt-to-equity ratio to -4.2%. Its total assets and total liabilities are $292.1M and $302.8M respectively.
Key information
-4.2%
Debt to equity ratio
US$450.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$12.22k |
| Equity | -US$10.67m |
| Total liabilities | US$302.78m |
| Total assets | US$292.11m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFNT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NFNT 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: NFNT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NFNT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: NFNT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NFNT's interest payments on its debt are well covered by EBIT.