This company listing is no longer active
Better World Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Better World Acquisition has a total shareholder equity of $-5.1M and total debt of $1.6M, which brings its debt-to-equity ratio to -32%. Its total assets and total liabilities are $32.5M and $37.5M respectively.
Key information
-32.0%
Debt to equity ratio
US$1.62m
Debt
Interest coverage ratio | n/a |
Cash | US$141.47k |
Equity | -US$5.07m |
Total liabilities | US$37.54m |
Total assets | US$32.46m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BWAC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BWAC 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: BWAC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: BWAC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: BWAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BWAC's interest payments on its debt are well covered by EBIT.