Integrated Rail and Resources Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Integrated Rail and Resources Acquisition has a total shareholder equity of $-18.1M and total debt of $5.6M, which brings its debt-to-equity ratio to -30.7%. Its total assets and total liabilities are $72.8M and $90.9M respectively.
Key information
-30.7%
Debt to equity ratio
US$5.57m
Debt
| Interest coverage ratio | n/a |
| Cash | US$189.00 |
| Equity | -US$18.12m |
| Total liabilities | US$90.89m |
| Total assets | US$72.77m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IRRX.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IRRX.U 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: IRRX.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: IRRX.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: IRRX.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if IRRX.U's interest payments on its debt are well covered by EBIT.