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TLG Acquisition One Balance Sheet Health
Financial Health criteria checks 0/6
TLG Acquisition One has a total shareholder equity of $-24.6M and total debt of $3.9M, which brings its debt-to-equity ratio to -15.9%. Its total assets and total liabilities are $83.2M and $107.7M respectively.
Key information
-15.9%
Debt to equity ratio
US$3.90m
Debt
Interest coverage ratio | n/a |
Cash | US$15.41k |
Equity | -US$24.58m |
Total liabilities | US$107.74m |
Total assets | US$83.16m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TLGA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TLGA 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: TLGA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TLGA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: TLGA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TLGA's interest payments on its debt are well covered by EBIT.