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Pegasus Digital Mobility Acquisition Balance Sheet Health
Financial Health criteria checks 1/6
Pegasus Digital Mobility Acquisition has a total shareholder equity of $-14.6M and total debt of $6.9M, which brings its debt-to-equity ratio to -47.4%. Its total assets and total liabilities are $50.5M and $65.1M respectively.
Key information
-47.4%
Debt to equity ratio
US$6.92m
Debt
| Interest coverage ratio | n/a |
| Cash | US$341.87k |
| Equity | -US$14.60m |
| Total liabilities | US$65.08m |
| Total assets | US$50.48m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGSS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PGSS 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: PGSS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PGSS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: PGSS's debt is well covered by operating cash flow (28.3%).
Interest Coverage: Insufficient data to determine if PGSS's interest payments on its debt are well covered by EBIT.