Katapult Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Katapult Holdings has a total shareholder equity of $-40.3M and total debt of $95.9M, which brings its debt-to-equity ratio to -238.2%. Its total assets and total liabilities are $92.0M and $132.2M respectively. Katapult Holdings's EBIT is $20.0M making its interest coverage ratio 1.2. It has cash and short-term investments of $25.9M.
Key information
-238.2%
Debt to equity ratio
US$95.89m
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$25.88m |
| Equity | -US$40.26m |
| Total liabilities | US$132.24m |
| Total assets | US$91.98m |
Recent financial health updates
Recent updates
Analysts Have Been Trimming Their Katapult Holdings, Inc. (NASDAQ:KPLT) Price Target After Its Latest Report
Mar 17
Improved Revenues Required Before Katapult Holdings, Inc. (NASDAQ:KPLT) Stock's 27% Jump Looks Justified
Mar 14Katapult Holdings, Inc. (NASDAQ:KPLT) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 09Analysts Have Been Trimming Their Katapult Holdings, Inc. (NASDAQ:KPLT) Price Target After Its Latest Report
Mar 12Katapult hires new chief revenue officer
Jul 19Katapult: High Risk, Low Reward
May 02Katapult Holdings, Inc. (NASDAQ:KPLT) Shares Fly 26% But Investors Aren't Buying For Growth
Apr 05Analysts Just Slashed Their Katapult Holdings, Inc. (NASDAQ:KPLT) EPS Numbers
Mar 18First Take On Katapult Holdings
Jan 21Understanding Katapult's Decline And The Opportunity Ahead
Nov 30Katapult: A Small Win Would Make Big Moves In The Stock As A Lot Of Risks Are Currently Priced In
Oct 06Katapult: Strong Affirm Results And Potential Amazon Partnership Give Long-Term Potential
Sep 25Katapult: Decent Value After The Storm
Aug 30Katapult: Misleading Event, But Not Giving Up Quite Yet
Aug 13Katapult Holdings: Hyper-Growth Stock Trading At A Deep Value Multiple
Jul 07Katapult Holdings: Now Is The Time To Buy
Jun 18Financial Position Analysis
Short Term Liabilities: KPLT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: KPLT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: KPLT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: KPLT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: KPLT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: KPLT has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 6.4% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 10:46 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Katapult Holdings, Inc. is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joshua Siegler | Cantor Fitzgerald & Co. |
| Anthony Chukumba | Loop Capital Markets |
| Kyle Joseph | Stephens, Inc. |