KULR Technology Group Balance Sheet Health
Financial Health criteria checks 2/6
KULR Technology Group has a total shareholder equity of $5.2M and total debt of $1.3M, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are $12.4M and $7.2M respectively.
Key information
24.3%
Debt to equity ratio
US$1.26m
Debt
| Interest coverage ratio | n/a |
| Cash | US$912.42k |
| Equity | US$5.17m |
| Total liabilities | US$7.18m |
| Total assets | US$12.35m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KULR's short term assets ($4.8M) do not cover its short term liabilities ($6.0M).
Long Term Liabilities: KULR's short term assets ($4.8M) exceed its long term liabilities ($1.2M).
Debt to Equity History and Analysis
Debt Level: KULR's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: KULR's debt to equity ratio has increased from 0% to 24.3% 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: KULR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KULR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37.7% each year