Kingfish Balance Sheet Health
Financial Health criteria checks 2/6
Kingfish has a total shareholder equity of €82.1M and total debt of €97.0M, which brings its debt-to-equity ratio to 118.1%. Its total assets and total liabilities are €187.2M and €105.1M respectively.
Key information
118.1%
Debt to equity ratio
€96.96m
Debt
Interest coverage ratio | n/a |
Cash | €19.59m |
Equity | €82.10m |
Total liabilities | €105.12m |
Total assets | €187.22m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: KING's short term assets (€40.3M) exceed its short term liabilities (€7.4M).
Long Term Liabilities: KING's short term assets (€40.3M) do not cover its long term liabilities (€97.8M).
Debt to Equity History and Analysis
Debt Level: KING's net debt to equity ratio (94.2%) is considered high.
Reducing Debt: KING's debt to equity ratio has reduced from 121.8% to 118.1% 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: KING has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if KING has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.