Kanabo Group Balance Sheet Health
Financial Health criteria checks 5/6
Kanabo Group has a total shareholder equity of £7.5M and total debt of £272.0K, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are £8.4M and £849.0K respectively.
Key information
3.6%
Debt to equity ratio
UK£272.00k
Debt
Interest coverage ratio | n/a |
Cash | UK£3.21m |
Equity | UK£7.50m |
Total liabilities | UK£849.00k |
Total assets | UK£8.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KNB's short term assets (£3.6M) exceed its short term liabilities (£710.0K).
Long Term Liabilities: KNB's short term assets (£3.6M) exceed its long term liabilities (£139.0K).
Debt to Equity History and Analysis
Debt Level: KNB has more cash than its total debt.
Reducing Debt: Insufficient data to determine if KNB'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: KNB has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: KNB has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 40.2% each year.