Caravelle International Group Balance Sheet Health
Financial Health criteria checks 0/6
Caravelle International Group has a total shareholder equity of $-6.7M and total debt of $9.0M, which brings its debt-to-equity ratio to -134.4%. Its total assets and total liabilities are $13.4M and $20.1M respectively.
Key information
-134.4%
Debt to equity ratio
US$8.97m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.37m |
| Equity | -US$6.67m |
| Total liabilities | US$20.12m |
| Total assets | US$13.44m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HTCO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: HTCO 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: HTCO has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: HTCO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: HTCO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if HTCO's interest payments on its debt are well covered by EBIT.