Ross Acquisition Corp II

NYSE:ROSS Stock Report

Market Cap: US$151.4m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Ross Acquisition Corp II Balance Sheet Health

Financial Health criteria checks 0/6

Ross Acquisition Corp II has a total shareholder equity of $-15.4M and total debt of $75.0K, which brings its debt-to-equity ratio to -0.5%. Its total assets and total liabilities are $54.3M and $69.8M respectively.

Key information

-0.5%

Debt to equity ratio

US$75.00k

Debt

Interest coverage ration/a
CashUS$10.42k
Equity-US$15.42m
Total liabilitiesUS$69.77m
Total assetsUS$54.34m

Recent financial health updates

Recent updates

Wilbur Ross SPAC said to end talks to take Atom Bank public

Sep 09

Ross Acquisition Corp II reports Q1 results

May 28

Financial Position Analysis

Short Term Liabilities: ROSS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ROSS 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: ROSS has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ROSS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: ROSS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if ROSS's interest payments on its debt are well covered by EBIT.


Balance Sheet


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