CC Neuberger Principal Holdings III Balance Sheet Health
Financial Health criteria checks 0/6
CC Neuberger Principal Holdings III has a total shareholder equity of $-23.3M and total debt of $1.3M, which brings its debt-to-equity ratio to -5.7%. Its total assets and total liabilities are $48.7M and $71.9M respectively.
Key information
-5.7%
Debt to equity ratio
US$1.32m
Debt
| Interest coverage ratio | n/a |
| Cash | US$23.62k |
| Equity | -US$23.27m |
| Total liabilities | US$71.95m |
| Total assets | US$48.68m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRPC.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PRPC.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: PRPC.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PRPC.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: PRPC.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PRPC.U's interest payments on its debt are well covered by EBIT.