RCF Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
RCF Acquisition has a total shareholder equity of $-9.6M and total debt of $1,000.0K, which brings its debt-to-equity ratio to -10.4%. Its total assets and total liabilities are $53.6M and $63.2M respectively.
Key information
-10.4%
Debt to equity ratio
US$1.00m
Debt
Interest coverage ratio | n/a |
Cash | US$222.58k |
Equity | -US$9.61m |
Total liabilities | US$63.22m |
Total assets | US$53.61m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RCFA.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: RCFA.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: RCFA.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: RCFA.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: RCFA.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RCFA.U's interest payments on its debt are well covered by EBIT.