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.