Andretti Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Andretti Acquisition has a total shareholder equity of $-15.3M and total debt of $2.5M, which brings its debt-to-equity ratio to -16%. Its total assets and total liabilities are $86.5M and $101.8M respectively.
Key information
-16.0%
Debt to equity ratio
US$2.45m
Debt
Interest coverage ratio | n/a |
Cash | US$161.22k |
Equity | -US$15.29m |
Total liabilities | US$101.76m |
Total assets | US$86.47m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WNNR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: WNNR 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: WNNR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: WNNR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: WNNR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if WNNR's interest payments on its debt are well covered by EBIT.