Kinetiko Energy Balance Sheet Health
Financial Health criteria checks 5/6
Kinetiko Energy has a total shareholder equity of A$72.2M and total debt of A$1.5M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are A$75.0M and A$2.7M respectively.
Key information
2.0%
Debt to equity ratio
AU$1.47m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$7.21m |
| Equity | AU$72.23m |
| Total liabilities | AU$2.73m |
| Total assets | AU$74.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KKO's short term assets (A$8.3M) exceed its short term liabilities (A$2.7M).
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's debt to equity ratio has increased from 0% to 2% over the past 5 years.
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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: KKO has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 28.1% each year.