Caravelle International Group

NasdaqCM:HTCO Stock Report

Market Cap: US$67.1m

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 ration/a
CashUS$3.37m
Equity-US$6.67m
Total liabilitiesUS$20.12m
Total assetsUS$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.


Balance Sheet


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