Zalatoris Acquisition Corp.

OTCPK:TCOA Stock Report

Market Cap: US$118.0m

Zalatoris Acquisition Balance Sheet Health

Financial Health criteria checks 0/6

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.

Key information

-9.6%

Debt to equity ratio

US$816.40k

Debt

Interest coverage ration/a
CashUS$7.38k
Equity-US$8.53m
Total liabilitiesUS$76.90m
Total assetsUS$68.37m

Recent financial health updates

Recent updates

SPAC Trajectory Alpha gets non-compliance notice from NYSE

Jan 20

Financial Position Analysis

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.


Balance Sheet


Discover healthy companies