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 $-18.5M and total debt of $6.3M, which brings its debt-to-equity ratio to -34.1%. Its total assets and total liabilities are $23.7M and $42.2M respectively.
Key information
-34.1%
Debt to equity ratio
US$6.31m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.13k |
| Equity | -US$18.51m |
| Total liabilities | US$42.22m |
| Total assets | US$23.71m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IRRX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IRRX 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 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: IRRX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: IRRX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if IRRX's interest payments on its debt are well covered by EBIT.