KALA BIO Balance Sheet Health
Financial Health criteria checks 5/6
KALA BIO has a total shareholder equity of $7.5M and total debt of $34.2M, which brings its debt-to-equity ratio to 455.6%. Its total assets and total liabilities are $55.9M and $48.4M respectively.
Key information
455.6%
Debt to equity ratio
US$34.19m
Debt
Interest coverage ratio | n/a |
Cash | US$50.90m |
Equity | US$7.50m |
Total liabilities | US$48.45m |
Total assets | US$55.95m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JQ2's short term assets ($52.9M) exceed its short term liabilities ($8.3M).
Long Term Liabilities: 0JQ2's short term assets ($52.9M) exceed its long term liabilities ($40.1M).
Debt to Equity History and Analysis
Debt Level: 0JQ2 has more cash than its total debt.
Reducing Debt: 0JQ2's debt to equity ratio has increased from 66.9% to 455.6% 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: 0JQ2 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 0JQ2 has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 3.4% each year.