Enphys Acquisition Balance Sheet Health
Financial Health criteria checks 1/6
Enphys Acquisition has a total shareholder equity of $-14.8M and total debt of $1.3M, which brings its debt-to-equity ratio to -8.6%. Its total assets and total liabilities are $38.9M and $53.7M respectively.
Key information
-8.6%
Debt to equity ratio
US$1.27m
Debt
| Interest coverage ratio | n/a |
| Cash | US$30.41k |
| Equity | -US$14.82m |
| Total liabilities | US$53.75m |
| Total assets | US$38.92m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFSC.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NFSC.F 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: NFSC.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NFSC.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: NFSC.F's debt is well covered by operating cash flow (594.6%).
Interest Coverage: Insufficient data to determine if NFSC.F's interest payments on its debt are well covered by EBIT.