Enphys Acquisition Balance Sheet Health
Financial Health criteria checks 1/6
Enphys Acquisition has a total shareholder equity of $-15.0M and total debt of $1.1M, which brings its debt-to-equity ratio to -7.1%. Its total assets and total liabilities are $68.1M and $83.0M respectively.
Key information
-7.1%
Debt to equity ratio
US$1.06m
Debt
Interest coverage ratio | n/a |
Cash | US$159.16k |
Equity | -US$14.98m |
Total liabilities | US$83.04m |
Total assets | US$68.06m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFSU.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NFSU.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: NFSU.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NFSU.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: NFSU.F's debt is well covered by operating cash flow (662.3%).
Interest Coverage: Insufficient data to determine if NFSU.F's interest payments on its debt are well covered by EBIT.