Arogo Capital Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Arogo Capital Acquisition has a total shareholder equity of $-8.3M and total debt of $1.7M, which brings its debt-to-equity ratio to -20.9%. Its total assets and total liabilities are $20.1M and $28.4M respectively.
Key information
-20.9%
Debt to equity ratio
US$1.73m
Debt
| Interest coverage ratio | n/a |
| Cash | US$78.43k |
| Equity | -US$8.27m |
| Total liabilities | US$28.41m |
| Total assets | US$20.14m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AOGO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AOGO 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: AOGO has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AOGO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: AOGO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AOGO's interest payments on its debt are well covered by EBIT.