Kaixin Auto Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Kaixin Auto Holdings has a total shareholder equity of $32.2M and total debt of $2.7M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are $54.1M and $22.0M respectively.
Key information
8.3%
Debt to equity ratio
US$2.67m
Debt
Interest coverage ratio | n/a |
Cash | US$2.85m |
Equity | US$32.17m |
Total liabilities | US$21.96m |
Total assets | US$54.13m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: K640's short term assets ($41.6M) exceed its short term liabilities ($21.7M).
Long Term Liabilities: K640's short term assets ($41.6M) exceed its long term liabilities ($250.0K).
Debt to Equity History and Analysis
Debt Level: K640 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if K640's debt to equity ratio has reduced 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: K640 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: K640 is forecast to have sufficient cash runway for 12 months based on free cash flow estimates, but has since raised additional capital.