Crown ElectroKinetics Balance Sheet Health
Financial Health criteria checks 3/6
Crown ElectroKinetics has a total shareholder equity of $4.7M and total debt of $429.0K, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are $9.5M and $4.9M respectively.
Key information
9.2%
Debt to equity ratio
US$429.00k
Debt
Interest coverage ratio | n/a |
Cash | US$1.06m |
Equity | US$4.68m |
Total liabilities | US$4.85m |
Total assets | US$9.53m |
Recent financial health updates
Recent updates
Crown ElectroKinetics reports Q2 results
Aug 15Crown Electrokinetics prices $1M share offering
Jul 20Crown ElectroKinetics EPS misses by $3.43
Jun 21Crown ElectroKinetics (CRKN ) Investor Presentation - Slideshow
Jun 14Loss-Making Crown ElectroKinetics Corp. (NASDAQ:CRKN) Expected To Breakeven In The Medium-Term
Mar 04Financial Position Analysis
Short Term Liabilities: CRKN's short term assets ($1.9M) do not cover its short term liabilities ($3.8M).
Long Term Liabilities: CRKN's short term assets ($1.9M) exceed its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: CRKN has more cash than its total debt.
Reducing Debt: CRKN had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: CRKN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CRKN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.1% each year