overcapitalized

Overcapitalized describes a business with more capital than it can productively use, or one whose stated value exceeds its actual worth.

A company may be overcapitalized if it raised too much money or if its assets have depreciated while its books haven't caught up: The startup was overcapitalized and burning through cash with no clear plan.

The term also applies to text with excessive capital letters: Her emails were overcapitalized and hard to read.