Maquia Capital Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Maquia Capital Acquisition has a total shareholder equity of $-9.5M and total debt of $2.8M, which brings its debt-to-equity ratio to -29.3%. Its total assets and total liabilities are $1.8M and $11.4M respectively.
Key information
-29.3%
Debt to equity ratio
US$2.79m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.56k |
| Equity | -US$9.52m |
| Total liabilities | US$11.36m |
| Total assets | US$1.83m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAQC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MAQC 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: MAQC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MAQC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MAQC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MAQC's interest payments on its debt are well covered by EBIT.