Target Group Balance Sheet Health
Financial Health criteria checks 0/6
Target Group has a total shareholder equity of $-7.1M and total debt of $2.2M, which brings its debt-to-equity ratio to -30.7%. Its total assets and total liabilities are $7.1M and $14.1M respectively. Target Group's EBIT is $29.1K making its interest coverage ratio 0. It has cash and short-term investments of $745.6K.
Key information
-30.7%
Debt to equity ratio
US$2.17m
Debt
Interest coverage ratio | 0.02x |
Cash | US$745.58k |
Equity | -US$7.07m |
Total liabilities | US$14.14m |
Total assets | US$7.07m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: CBDY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CBDY 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: CBDY has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CBDY's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CBDY's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: CBDY's interest payments on its debt are not well covered by EBIT (0x coverage).