Kartoon Studios Balance Sheet Health
Financial Health criteria checks 5/6
Kartoon Studios has a total shareholder equity of $53.3M and total debt of $19.0M, which brings its debt-to-equity ratio to 35.7%. Its total assets and total liabilities are $111.4M and $58.2M respectively.
Key information
35.7%
Debt to equity ratio
US$19.02m
Debt
| Interest coverage ratio | n/a |
| Cash | US$16.05m |
| Equity | US$53.26m |
| Total liabilities | US$58.18m |
| Total assets | US$111.44m |
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 ($57.1M) exceed its short term liabilities ($45.6M).
Long Term Liabilities: TOON's short term assets ($57.1M) exceed its long term liabilities ($12.5M).
Debt to Equity History and Analysis
Debt Level: TOON's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: TOON's debt to equity ratio has increased from 31.2% to 35.7% 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: TOON has sufficient cash runway for 12 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TOON is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.