Enphys Acquisition Balance Sheet Health
Financial Health criteria checks 1/6
Enphys Acquisition has a total shareholder equity of $-14.3M and total debt of $600.0K, which brings its debt-to-equity ratio to -4.2%. Its total assets and total liabilities are $109.1M and $123.4M respectively.
Key information
-4.2%
Debt to equity ratio
US$600.00k
Debt
Interest coverage ratio | n/a |
Cash | US$112.50k |
Equity | -US$14.34m |
Total liabilities | US$123.40m |
Total assets | US$109.06m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFYS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NFYS 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: NFYS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NFYS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: NFYS's debt is well covered by operating cash flow (999.6%).
Interest Coverage: Insufficient data to determine if NFYS's interest payments on its debt are well covered by EBIT.