Heritage Distilling Holding Company Balance Sheet Health
Financial Health criteria checks 0/6
Heritage Distilling Holding Company has a total shareholder equity of $-32.7M and total debt of $47.2M, which brings its debt-to-equity ratio to -144.2%. Its total assets and total liabilities are $31.3M and $64.0M respectively.
Key information
-144.2%
Debt to equity ratio
US$47.22m
Debt
| Interest coverage ratio | n/a |
| Cash | US$151.61k |
| Equity | -US$32.74m |
| Total liabilities | US$64.02m |
| Total assets | US$31.29m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: CASK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CASK 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: CASK has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CASK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CASK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CASK's interest payments on its debt are well covered by EBIT.