Kineta Balance Sheet Health
Financial Health criteria checks 2/6
Kineta has a total shareholder equity of $3.1M and total debt of $770.0K, which brings its debt-to-equity ratio to 25.2%. Its total assets and total liabilities are $10.3M and $7.2M respectively.
Key information
25.2%
Debt to equity ratio
US$770.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.78m |
| Equity | US$3.06m |
| Total liabilities | US$7.22m |
| Total assets | US$10.28m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KA's short term assets ($6.0M) do not cover its short term liabilities ($7.1M).
Long Term Liabilities: KA's short term assets ($6.0M) exceed its long term liabilities ($150.0K).
Debt to Equity History and Analysis
Debt Level: KA has more cash than its total debt.
Reducing Debt: Insufficient data to determine if KA's debt to equity ratio has reduced 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: KA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31.3% each year