Kontrol Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Kontrol Technologies has a total shareholder equity of CA$2.8M and total debt of CA$14.6M, which brings its debt-to-equity ratio to 521.4%. Its total assets and total liabilities are CA$22.8M and CA$20.0M respectively. Kontrol Technologies's EBIT is CA$1.8M making its interest coverage ratio 0.9. It has cash and short-term investments of CA$3.2M.
Key information
521.4%
Debt to equity ratio
CA$14.56m
Debt
| Interest coverage ratio | 0.9x |
| Cash | CA$3.25m |
| Equity | CA$2.79m |
| Total liabilities | CA$19.96m |
| Total assets | CA$22.75m |
Recent financial health updates
Recent updates
Analysts Are Optimistic We'll See A Profit From Kontrol Technologies Corp. (CSE:KNR)
Mar 05
We Think Kontrol Energy (CSE:KNR) Has A Fair Chunk Of Debt
Jan 29Key Things To Understand About Kontrol Energy's (CSE:KNR) CEO Pay Cheque
Dec 25
If You Had Bought Kontrol Energy (CSE:KNR) Stock A Year Ago, You Could Pocket A 307% Gain Today
Nov 24Financial Position Analysis
Short Term Liabilities: KNR's short term assets (CA$14.3M) do not cover its short term liabilities (CA$18.7M).
Long Term Liabilities: KNR's short term assets (CA$14.3M) exceed its long term liabilities (CA$1.3M).
Debt to Equity History and Analysis
Debt Level: KNR's net debt to equity ratio (405.1%) is considered high.
Reducing Debt: KNR's debt to equity ratio has increased from 312.7% to 521.4% 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: Whilst unprofitable KNR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: KNR is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11% per year.