Kore Potash Balance Sheet Health
Financial Health criteria checks 5/6
Kore Potash has a total shareholder equity of $175.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $178.5M and $3.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.58m |
| Equity | US$175.09m |
| Total liabilities | US$3.44m |
| Total assets | US$178.53m |
Recent financial health updates
Here's Why We're Watching Kore Potash's (LON:KP2) Cash Burn Situation
Jul 12
We Think Kore Potash (LON:KP2) Needs To Drive Business Growth Carefully
Feb 02Will Kore Potash (LON:KP2) Spend Its Cash Wisely?
Oct 20We're Keeping An Eye On Kore Potash's (LON:KP2) Cash Burn Rate
Jun 16Kore Potash (LON:KP2) Is In A Good Position To Deliver On Growth Plans
Feb 27We're Not Very Worried About Kore Potash's (LON:KP2) Cash Burn Rate
Oct 01Recent updates
Here's Why We're Watching Kore Potash's (LON:KP2) Cash Burn Situation
Jul 12We Think Kore Potash (LON:KP2) Needs To Drive Business Growth Carefully
Feb 02Will Kore Potash (LON:KP2) Spend Its Cash Wisely?
Oct 20We're Keeping An Eye On Kore Potash's (LON:KP2) Cash Burn Rate
Jun 16Kore Potash (LON:KP2) Is In A Good Position To Deliver On Growth Plans
Feb 27We're Not Very Worried About Kore Potash's (LON:KP2) Cash Burn Rate
Oct 01We're Keeping An Eye On Kore Potash's (LON:KP2) Cash Burn Rate
Apr 02Financial Position Analysis
Short Term Liabilities: KP2's short term assets ($1.8M) exceed its short term liabilities ($1.2M).
Long Term Liabilities: KP2's short term assets ($1.8M) do not cover its long term liabilities ($2.2M).
Debt to Equity History and Analysis
Debt Level: KP2 is debt free.
Reducing Debt: KP2 had no debt 5 years ago.
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: KP2 has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: KP2 is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.