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Tristar Acquisition I Balance Sheet Health
Financial Health criteria checks 0/6
Tristar Acquisition I has a total shareholder equity of $-4.1M and total debt of $2.5M, which brings its debt-to-equity ratio to -60.5%. Its total assets and total liabilities are $117.3M and $121.4M respectively.
Key information
-60.5%
Debt to equity ratio
US$2.50m
Debt
| Interest coverage ratio | n/a |
| Cash | US$223.97k |
| Equity | -US$4.13m |
| Total liabilities | US$121.38m |
| Total assets | US$117.25m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TRIS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TRIS 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: TRIS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TRIS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: TRIS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TRIS's interest payments on its debt are well covered by EBIT.