Caravelle International Group Balance Sheet Health
Financial Health criteria checks 0/6
Caravelle International Group has a total shareholder equity of $-7.3M and total debt of $5.6M, which brings its debt-to-equity ratio to -77.5%. Its total assets and total liabilities are $8.4M and $15.7M respectively.
Key information
-77.5%
Debt to equity ratio
US$5.63m
Debt
Interest coverage ratio | n/a |
Cash | US$2.22m |
Equity | -US$7.26m |
Total liabilities | US$15.70m |
Total assets | US$8.43m |
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.