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Black Spade Acquisition Co Balance Sheet Health
Financial Health criteria checks 0/6
Blackde Acquisition Co has a total shareholder equity of $-6.6M and total debt of $849.8K, which brings its debt-to-equity ratio to -13%. Its total assets and total liabilities are $175.4M and $182.0M respectively.
Key information
-13.0%
Debt to equity ratio
US$849.79k
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.13k |
| Equity | -US$6.56m |
| Total liabilities | US$181.95m |
| Total assets | US$175.39m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BSAQ has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BSAQ 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: BSAQ has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: BSAQ's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: BSAQ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BSAQ's interest payments on its debt are well covered by EBIT.