Koss Balance Sheet Health
Financial Health criteria checks 4/6
Koss has a total shareholder equity of $31.4M and total debt of $2.9M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are $38.0M and $6.6M respectively. Koss's EBIT is $20.0M making its interest coverage ratio -23.7. It has cash and short-term investments of $14.6M.
Key information
9.2%
Debt to equity ratio
US$2.90m
Debt
| Interest coverage ratio | -23.7x |
| Cash | US$14.60m |
| Equity | US$31.40m |
| Total liabilities | US$6.60m |
| Total assets | US$38.00m |
Recent financial health updates
Recent updates
Koss Corporation's (NASDAQ:KOSS) Share Price Not Quite Adding Up
May 04
Koss Corporation's (NASDAQ:KOSS) Shares Climb 32% But Its Business Is Yet to Catch Up
Dec 18We Ran A Stock Scan For Earnings Growth And Koss (NASDAQ:KOSS) Passed With Ease
Jul 25Is Now The Time To Put Koss (NASDAQ:KOSS) On Your Watchlist?
Jan 15With EPS Growth And More, Koss (NASDAQ:KOSS) Makes An Interesting Case
Sep 20Koss GAAP EPS of $0.04, revenue of $4.19M
Aug 25Koss' (NASDAQ:KOSS) Returns On Capital Are Heading Higher
Jun 24Koss (NASDAQ:KOSS) Is Posting Healthy Earnings, But It Is Not All Good News
May 17Koss Corporation (NASDAQ:KOSS) Shares Slammed 30% But Getting In Cheap Might Be Difficult Regardless
May 12Does Koss (NASDAQ:KOSS) Have A Healthy Balance Sheet?
May 10Koss Corp.: Short Winner That Will Fall Further
Feb 04Koss Corporation's (NASDAQ:KOSS) CEO Looks Like They Deserve Their Pay Packet
Oct 07Koss Corporation: Meme Stock Making Money, But Substantial Risk
Aug 22Koss Stock Won't Ride Coattails Forever
May 30Koss (NASDAQ:KOSS) Could Be Struggling To Allocate Capital
May 03Here's What Koss Corporation's (NASDAQ:KOSS) Shareholder Ownership Structure Looks Like
Feb 21
Koss family cashes in short squeeze rally: CNBC
Feb 04Koss Corporation: The Music Is About To Stop
Jan 31Is Koss (NASDAQ:KOSS) Headed For Trouble?
Jan 31Koss resumes squeeze stock rally after Robinhood lifts restrictions, Q2 earnings
Jan 28How Should Investors React To Koss' (NASDAQ:KOSS) CEO Pay?
Dec 21Koss reports Q1 results
Oct 29Financial Position Analysis
Short Term Liabilities: KOSS's short term assets ($22.6M) exceed its short term liabilities ($1.8M).
Long Term Liabilities: KOSS's short term assets ($22.6M) exceed its long term liabilities ($4.8M).
Debt to Equity History and Analysis
Debt Level: KOSS has more cash than its total debt.
Reducing Debt: KOSS's debt to equity ratio has increased from 0% to 9.2% over the past 5 years.
Debt Coverage: KOSS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KOSS earns more interest than it pays, so coverage of interest payments is not a concern.