Pyrophyte Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Pyrophyte Acquisition has a total shareholder equity of $-15.2M and total debt of $1.7M, which brings its debt-to-equity ratio to -11.5%. Its total assets and total liabilities are $101.6M and $116.7M respectively.
Key information
-11.5%
Debt to equity ratio
US$1.75m
Debt
| Interest coverage ratio | n/a |
| Cash | US$62.00 |
| Equity | -US$15.18m |
| Total liabilities | US$116.74m |
| Total assets | US$101.56m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHYT.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PHYT.U 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: PHYT.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PHYT.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: PHYT.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PHYT.U's interest payments on its debt are well covered by EBIT.