kneat.com Balance Sheet Health
Financial Health criteria checks 4/6
kneat.com has a total shareholder equity of CA$14.8M and total debt of CA$21.7M, which brings its debt-to-equity ratio to 146.7%. Its total assets and total liabilities are CA$64.5M and CA$49.7M respectively.
Key information
146.7%
Debt to equity ratio
CA$21.66m
Debt
Interest coverage ratio | n/a |
Cash | CA$15.25m |
Equity | CA$14.76m |
Total liabilities | CA$49.73m |
Total assets | CA$64.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KSIO.F's short term assets (CA$28.0M) exceed its short term liabilities (CA$22.1M).
Long Term Liabilities: KSIO.F's short term assets (CA$28.0M) exceed its long term liabilities (CA$27.7M).
Debt to Equity History and Analysis
Debt Level: KSIO.F's net debt to equity ratio (43.4%) is considered high.
Reducing Debt: KSIO.F's debt to equity ratio has increased from 13.5% to 146.7% 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: KSIO.F has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: KSIO.F has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 14.5% each year.