Kernel Group Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Kernel Group Holdings has a total shareholder equity of $-9.3M and total debt of $4.2M, which brings its debt-to-equity ratio to -45.5%. Its total assets and total liabilities are $5.7M and $14.9M respectively.
Key information
-45.5%
Debt to equity ratio
US$4.21m
Debt
| Interest coverage ratio | n/a |
| Cash | US$804.00 |
| Equity | -US$9.26m |
| Total liabilities | US$14.92m |
| Total assets | US$5.66m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: KRNL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: KRNL 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: KRNL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: KRNL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: KRNL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if KRNL's interest payments on its debt are well covered by EBIT.