Kaival Brands Innovations Group Balance Sheet Health
Financial Health criteria checks 3/6
Kaival Brands Innovations Group has a total shareholder equity of $11.7M and total debt of $821.9K, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are $16.3M and $4.5M respectively.
Key information
7.0%
Debt to equity ratio
US$821.89k
Debt
Interest coverage ratio | n/a |
Cash | US$591.29k |
Equity | US$11.75m |
Total liabilities | US$4.52m |
Total assets | US$16.27m |
Recent financial health updates
Recent updates
Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) Investors Are Less Pessimistic Than Expected
Dec 18We're Keeping An Eye On Kaival Brands Innovations Group's (NASDAQ:KAVL) Cash Burn Rate
Jun 15Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) Stocks Pounded By 29% But Not Lagging Industry On Growth Or Pricing
Apr 17Kaival Brands Innovations GAAP EPS of -$0.09, revenue of $3.85M beats by $0.35M
Sep 12Bidi Vapor's products distributor Kaival Brands rises 14% after court case win against FDA
Aug 25Kaival Brands rallies as it sets to distribute Philip Morris' new e-vapour product in Canada
Jul 25We're Keeping An Eye On Kaival Brands Innovations Group's (NASDAQ:KAVL) Cash Burn Rate
May 17Financial Position Analysis
Short Term Liabilities: KAVL's short term assets ($4.0M) exceed its short term liabilities ($3.7M).
Long Term Liabilities: KAVL's short term assets ($4.0M) exceed its long term liabilities ($817.1K).
Debt to Equity History and Analysis
Debt Level: KAVL's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: KAVL's debt to equity ratio has increased from 0% to 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: KAVL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KAVL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.3% each year