Spectaire Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Spectaire Holdings has a total shareholder equity of $-21.9M and total debt of $9.1M, which brings its debt-to-equity ratio to -41.7%. Its total assets and total liabilities are $808.6K and $22.7M respectively.
Key information
-41.7%
Debt to equity ratio
US$9.13m
Debt
| Interest coverage ratio | n/a |
| Cash | US$94.15k |
| Equity | -US$21.87m |
| Total liabilities | US$22.68m |
| Total assets | US$808.63k |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPEC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SPEC 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: SPEC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SPEC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: SPEC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SPEC's interest payments on its debt are well covered by EBIT.