Kin and Carta Balance Sheet Health
Financial Health criteria checks 4/6
Kin and Carta has a total shareholder equity of £73.4M and total debt of £29.8M, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are £154.6M and £81.2M respectively. Kin and Carta's EBIT is £8.0M making its interest coverage ratio 3.3. It has cash and short-term investments of £9.8M.
Key information
40.6%
Debt to equity ratio
UK£29.82m
Debt
| Interest coverage ratio | 3.3x |
| Cash | UK£9.85m |
| Equity | UK£73.42m |
| Total liabilities | UK£81.23m |
| Total assets | UK£154.65m |
Recent financial health updates
We Think Kin and Carta (LON:KCT) Can Stay On Top Of Its Debt
Dec 16
We Think Kin and Carta (LON:KCT) Has A Fair Chunk Of Debt
May 31These 4 Measures Indicate That Kin and Carta (LON:KCT) Is Using Debt Extensively
Dec 07
Recent updates
Kin and Carta plc's (LON:KCT) Intrinsic Value Is Potentially 19% Below Its Share Price
Oct 19When Should You Buy Kin and Carta plc (LON:KCT)?
Aug 18Market Cool On Kin and Carta plc's (LON:KCT) Earnings Pushing Shares 25% Lower
Jun 13Returns On Capital Are Showing Encouraging Signs At Kin and Carta (LON:KCT)
May 27Newsflash: Kin and Carta plc (LON:KCT) Analysts Have Been Trimming Their Revenue Forecasts
Feb 25When Should You Buy Kin and Carta plc (LON:KCT)?
Feb 09Is Kin and Carta plc (LON:KCT) Trading At A 39% Discount?
Jun 14At UK£2.64, Is Kin and Carta plc (LON:KCT) Worth Looking At Closely?
Mar 31An Intrinsic Calculation For Kin and Carta plc (LON:KCT) Suggests It's 30% Undervalued
Feb 14We Think Kin and Carta (LON:KCT) Can Stay On Top Of Its Debt
Dec 16Estimating The Intrinsic Value Of Kin and Carta plc (LON:KCT)
Sep 21We Think Kin and Carta (LON:KCT) Has A Fair Chunk Of Debt
May 31Is Now The Time To Look At Buying Kin and Carta plc (LON:KCT)?
May 04A Look At The Fair Value Of Kin and Carta plc (LON:KCT)
Mar 30Returns On Capital At Kin and Carta (LON:KCT) Paint A Concerning Picture
Mar 09How Much Did Kin and Carta's (LON:KCT) CEO Pocket Last Year?
Feb 16Is Now The Time To Look At Buying Kin and Carta plc (LON:KCT)?
Jan 29If You Had Bought Kin and Carta (LON:KCT) Stock Three Years Ago, You Could Pocket A 103% Gain Today
Jan 12What Kind Of Shareholders Hold The Majority In Kin and Carta plc's (LON:KCT) Shares?
Dec 25These 4 Measures Indicate That Kin and Carta (LON:KCT) Is Using Debt Extensively
Dec 07Is Kin and Carta (LON:KCT) Set To Make A Turnaround?
Nov 20Financial Position Analysis
Short Term Liabilities: KCT's short term assets (£43.4M) exceed its short term liabilities (£37.2M).
Long Term Liabilities: KCT's short term assets (£43.4M) do not cover its long term liabilities (£44.1M).
Debt to Equity History and Analysis
Debt Level: KCT's net debt to equity ratio (27.2%) is considered satisfactory.
Reducing Debt: KCT's debt to equity ratio has increased from 28% to 40.6% 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: KCT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: KCT has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 16.1% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/26 01:56 |
| End of Day Share Price | 2024/04/26 00:00 |
| Earnings | 2023/07/31 |
| Annual Earnings | 2023/07/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kin and Carta plc is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kunal Walia | Arden Partners Plc. |
| Steven Craig Liechti | Numis Securities Ltd. |
| Johnathan Barrett | Panmure Liberum |