Kartoon Studios Balance Sheet Health
Financial Health criteria checks 6/6
Kartoon Studios has a total shareholder equity of $42.8M and total debt of $10.4M, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are $87.3M and $44.5M respectively.
Key information
24.3%
Debt to equity ratio
US$10.40m
Debt
| Interest coverage ratio | n/a |
| Cash | US$8.66m |
| Equity | US$42.80m |
| Total liabilities | US$44.50m |
| Total assets | US$87.30m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4XV0's short term assets ($37.2M) exceed its short term liabilities ($33.7M).
Long Term Liabilities: 4XV0's short term assets ($37.2M) exceed its long term liabilities ($10.8M).
Debt to Equity History and Analysis
Debt Level: 4XV0's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: 4XV0's debt to equity ratio has reduced from 69.8% to 24.3% 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 4XV0 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 4XV0 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 12.6% per year.