Kandi Technologies Group Balance Sheet Health
Financial Health criteria checks 4/6
Kandi Technologies Group has a total shareholder equity of $409.6M and total debt of $32.4M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are $542.2M and $132.7M respectively.
Key information
7.9%
Debt to equity ratio
US$32.38m
Debt
| Interest coverage ratio | n/a |
| Cash | US$94.16m |
| Equity | US$409.55m |
| Total liabilities | US$132.66m |
| Total assets | US$542.21m |
Recent financial health updates
Recent updates
Kandi Technologies Group, Inc. (NASDAQ:KNDI) May Have Run Too Fast Too Soon With Recent 27% Price Plummet
Nov 13
Kandi Technologies: Split Focus More Likely To Destroy Than Build Shareholder Value
Oct 29Not Many Are Piling Into Kandi Technologies Group, Inc. (NASDAQ:KNDI) Just Yet
Aug 06Drive Away From Kandi Technologies Group
Jun 24Investors Still Waiting For A Pull Back In Kandi Technologies Group, Inc. (NASDAQ:KNDI)
Jan 17Kandi Technologies Hoping For Sweeter Results From A Shift In Its EV Focus
Jan 16Kandi Technologies GAAP EPS of -$0.02, revenue of $20.84M
Aug 08What Does Kandi Technologies Group, Inc.'s (NASDAQ:KNDI) Share Price Indicate?
Mar 18Revisiting Kandi - I'm No Longer Bearish Following The Launch Of $20 Million Share Buyback
Dec 09Here's Why I Think Kandi Technologies Group (NASDAQ:KNDI) Might Deserve Your Attention Today
Nov 09Kandi Technologies EPS misses by $0.06, misses on revenue
May 10Revisiting Kandi, The Company Still Looks Overvalued Based On Fundamentals
Apr 27How Many Kandi Technologies Group, Inc. (NASDAQ:KNDI) Shares Have Insiders Sold, In The Last Year?
Feb 18Kandi Technologies +15% after announcing agreement with Hangzhou Branch of the Agricultural Bank of China
Dec 29Introducing Kandi Technologies Group (NASDAQ:KNDI), A Stock That Climbed 68% In The Last Year
Dec 11
Kandi America secures additional certification in California
Dec 09Kandi details how Hindenburg short report is misleading
Dec 07Kandi Technologies sinks after Hindenburg warns on fake sales
Nov 30EV stocks head higher again led by Kandi, Ayro and Li Auto
Nov 23Kandi on deck with $100M equity offering
Nov 20Kandi +14% after Texas rebate approval, Tesla S&P development
Nov 17Kandi Technologies EPS beats by $0.08, misses on revenue
Nov 09Green light for Kandi Technologies on California roads
Nov 03Kandi initiates process to list battery swap subsidiary on STAR market
Nov 02Financial Position Analysis
Short Term Liabilities: KNDI's short term assets ($396.7M) exceed its short term liabilities ($121.8M).
Long Term Liabilities: KNDI's short term assets ($396.7M) exceed its long term liabilities ($10.9M).
Debt to Equity History and Analysis
Debt Level: KNDI has more cash than its total debt.
Reducing Debt: KNDI's debt to equity ratio has reduced from 31.8% to 7.9% 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: Insufficient data to determine if KNDI has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if KNDI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.