Kleos Space Balance Sheet Health
Financial Health criteria checks 4/6
Kleosce has a total shareholder equity of €5.2M and total debt of €2.5M, which brings its debt-to-equity ratio to 47.9%. Its total assets and total liabilities are €10.4M and €5.2M respectively.
Key information
47.9%
Debt to equity ratio
€2.48m
Debt
| Interest coverage ratio | n/a |
| Cash | €1.76m |
| Equity | €5.18m |
| Total liabilities | €5.20m |
| Total assets | €10.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KS1's short term assets (€2.9M) exceed its short term liabilities (€2.6M).
Long Term Liabilities: KS1's short term assets (€2.9M) exceed its long term liabilities (€2.6M).
Debt to Equity History and Analysis
Debt Level: KS1's net debt to equity ratio (13.8%) is considered satisfactory.
Reducing Debt: KS1 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: KS1 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KS1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31% each year