Luokung Technology Balance Sheet Health
Financial Health criteria checks 0/6
Luokung Technology has a total shareholder equity of $-53.0M and total debt of $53.2M, which brings its debt-to-equity ratio to -100.4%. Its total assets and total liabilities are $53.6M and $106.7M respectively.
Key information
-100.4%
Debt to equity ratio
US$53.23m
Debt
| Interest coverage ratio | n/a |
| Cash | US$83.99k |
| Equity | -US$53.02m |
| Total liabilities | US$106.66m |
| Total assets | US$53.64m |
Recent financial health updates
Recent updates
Luokung Technology Corp. (NASDAQ:LKCO) Looks Inexpensive After Falling 34% But Perhaps Not Attractive Enough
Nov 01
Not Many Are Piling Into Luokung Technology Corp. (NASDAQ:LKCO) Stock Yet As It Plummets 26%
Apr 26Luokung Technology Corp. (NASDAQ:LKCO) Stock's 30% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Jan 17Luokung Technology Corp. (NASDAQ:LKCO) Screens Well But There Might Be A Catch
Sep 22Luokung Technology stock sinks on $8M registered direct offering
Jul 26Luokung Technology gets extension to meet Nasdaq's minimum bid price rule
Jul 07Luokung Technology: A Rising Player In LBS
Dec 07Luokung Technology: The Geely Autonomous Driving Deal Doesn't Put A Dent Into The Bear Case
Jul 24Communications stocks fall for week: CuriosityStream, Roblox take hits, but AMC keeps truckin'
Jun 19Luokung rallies on favorable ruling granting preliminary injuction
May 06Could The Luokung Technology Corp. (NASDAQ:LKCO) Ownership Structure Tell Us Something Useful?
Jan 02
Luokung Technology inks marketing pact with Yiting
Dec 09Luokung and Hainan Broadcasting expands location business services in Hainan
Dec 03Financial Position Analysis
Short Term Liabilities: LKCO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LKCO 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: LKCO has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LKCO'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: Insufficient data to determine if LKCO has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LKCO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.