Kingswood Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Kingswood Acquisition has a total shareholder equity of $-10.9M and total debt of $1.4M, which brings its debt-to-equity ratio to -12.9%. Its total assets and total liabilities are $6.2M and $17.1M respectively.
Key information
-12.9%
Debt to equity ratio
US$1.41m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.51k |
| Equity | -US$10.93m |
| Total liabilities | US$17.13m |
| Total assets | US$6.20m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KWAC.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: KWAC.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: KWAC.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: KWAC.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: KWAC.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if KWAC.U's interest payments on its debt are well covered by EBIT.