Kovo+ Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Kovo+ Holdings has a total shareholder equity of $-3.2M and total debt of $9.3M, which brings its debt-to-equity ratio to -290.9%. Its total assets and total liabilities are $8.9M and $12.1M respectively.
Key information
-290.9%
Debt to equity ratio
US$9.30m
Debt
| Interest coverage ratio | n/a |
| Cash | US$84.00k |
| Equity | -US$3.20m |
| Total liabilities | US$12.14m |
| Total assets | US$8.94m |
Recent financial health updates
No updates
Recent updates
Further Upside For Kovo+ Holdings Inc. (CVE:KOVO) Shares Could Introduce Price Risks After 50% Bounce
Nov 12
Market Might Still Lack Some Conviction On Kovo HealthTech Corporation (CVE:KOVO) Even After 50% Share Price Boost
Sep 20Kovo HealthTech Corporation (CVE:KOVO) Stock's 33% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 03A Piece Of The Puzzle Missing From Kovo HealthTech Corporation's (CVE:KOVO) 40% Share Price Climb
Jun 19Investors Give Kovo HealthTech Corporation (CVE:KOVO) Shares A 27% Hiding
May 02Financial Position Analysis
Short Term Liabilities: KOVO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: KOVO 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: KOVO has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: KOVO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: KOVO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KOVO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33% each year