Zalatoris Acquisition has a total shareholder equity of $-8.5M and total debt of $816.4K, which brings its debt-to-equity ratio to -9.6%. Its total assets and total liabilities are $68.4M and $76.9M respectively.
Short Term Liabilities: TCOA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TCOA 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: TCOA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TCOA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: TCOA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TCOA's interest payments on its debt are well covered by EBIT.