Conifer Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Conifer Holdings has a total shareholder equity of $2.9M and total debt of $25.1M, which brings its debt-to-equity ratio to 867.5%. Its total assets and total liabilities are $311.8M and $308.9M respectively.
Key information
867.5%
Debt to equity ratio
US$25.06m
Debt
Interest coverage ratio | n/a |
Cash | US$31.96m |
Equity | US$2.89m |
Total liabilities | US$308.92m |
Total assets | US$311.80m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9KK's short term assets ($174.8M) exceed its short term liabilities ($160.2M).
Long Term Liabilities: 9KK's short term assets ($174.8M) exceed its long term liabilities ($148.8M).
Debt to Equity History and Analysis
Debt Level: 9KK has more cash than its total debt.
Reducing Debt: 9KK's debt to equity ratio has increased from 79.5% to 867.5% 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: 9KK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 9KK has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 29.4% each year.