ShoulderUp Technology Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
ShoulderUp Technology Acquisition has a total shareholder equity of $-26.6M and total debt of $275.0K, which brings its debt-to-equity ratio to -1%. Its total assets and total liabilities are $9.6M and $36.2M respectively.
Key information
-1.0%
Debt to equity ratio
US$275.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$290.47k |
| Equity | -US$26.61m |
| Total liabilities | US$36.20m |
| Total assets | US$9.59m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUAC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SUAC 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: SUAC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SUAC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: SUAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SUAC's interest payments on its debt are well covered by EBIT.