Am I reading this wrong? The company's shareholder equity capital is currently 277k, and debt is 20million
Am I reading this wrong? The company's equity is negative most of the time. Currently, it is insolvent, and short-term debt is much larger than short-term assets...
If capital is not raised, there is a chance of liquidation, right?
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cart158 OP : We bought this company to let us pay our debts and help the company pay its debts
cart158 OP : The company currently loses more than 30 times more per dollar of product revenue, and currently its losses are multiplying exponentially...