Kinetiko Energy Balance Sheet Health
Financial Health criteria checks 4/6
Kinetiko Energy has a total shareholder equity of A$67.4M and total debt of A$1.3M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are A$69.1M and A$1.7M respectively.
Key information
1.9%
Debt to equity ratio
AU$1.31m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.92m |
| Equity | AU$67.41m |
| Total liabilities | AU$1.74m |
| Total assets | AU$69.15m |
Recent financial health updates
Kinetiko Energy (ASX:KKO) Is In A Good Position To Deliver On Growth Plans
Aug 09
Is Kinetiko Energy (ASX:KKO) In A Good Position To Invest In Growth?
Jan 15
Recent updates
Kinetiko Energy (ASX:KKO) Is In A Good Position To Deliver On Growth Plans
Aug 09Have Insiders Been Buying Kinetiko Energy Limited (ASX:KKO) Shares?
Mar 08Is Kinetiko Energy (ASX:KKO) In A Good Position To Invest In Growth?
Jan 15Should You Review Recent Insider Transactions At Kinetiko Energy Limited (ASX:KKO)?
Nov 23Financial Position Analysis
Short Term Liabilities: KKO's short term assets (A$4.4M) exceed its short term liabilities (A$1.7M).
Long Term Liabilities: KKO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: KKO has more cash than its total debt.
Reducing Debt: KKO had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: KKO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KKO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.5% each year