Kartoon Studios Balance Sheet Health
Financial Health criteria checks 6/6
Kartoon Studios has a total shareholder equity of $42.8M and total debt of $10.4M, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are $87.3M and $44.5M respectively.
Key information
24.3%
Debt to equity ratio
US$10.40m
Debt
| Interest coverage ratio | n/a |
| Cash | US$8.66m |
| Equity | US$42.80m |
| Total liabilities | US$44.50m |
| Total assets | US$87.30m |
Recent financial health updates
Recent updates
Genius Brands International (NASDAQ:GNUS) Is Using Debt Safely
Mar 13
Genius Brands announces buyback of common shares
Oct 17Genius Brands: It's All Down To You, Shaq
Aug 30Genius Brands GAAP EPS of -$0.04, revenue of $22.12M
Aug 17Class action lawsuit filed against Genius Brands gets dismissed
Jul 18Genius Brands: Buy This Cheap Stock Before Shaq's Garage Cartoon Debut
Apr 13Is Genius Brands Stock A Buy, Sell, Or Hold? In Any Normal Market, A Screaming Sell
Jun 22Genius Brands rising as it's set to join Russell 3000 index
Jun 08Genius Brands: The Smart Call
May 09The Genius Brands International (NASDAQ:GNUS) Share Price Is Up 406% And Shareholders Are Delighted
Jan 25
Genius Brands: Delight And Enrichment
Dec 17Health Check: How Prudently Does Genius Brands International (NASDAQ:GNUS) Use Debt?
Dec 01Genius Brands: Same Story, Shareholders Draw The Short Straw
Nov 19Genius Brands to strategically acquire ChizComm and ChizComm Beacon Media
Nov 16Genius Brands slides on $58M equity offering
Oct 28Financial Position Analysis
Short Term Liabilities: TOON's short term assets ($37.2M) exceed its short term liabilities ($33.7M).
Long Term Liabilities: TOON's short term assets ($37.2M) exceed its long term liabilities ($10.8M).
Debt to Equity History and Analysis
Debt Level: TOON's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: TOON's debt to equity ratio has reduced from 69.8% to 24.3% 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: Whilst unprofitable TOON has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TOON is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 12.6% per year.