Kirkland's Balance Sheet Health
Financial Health criteria checks 2/6
Kirkland's has a total shareholder equity of $-19.7M and total debt of $61.4M, which brings its debt-to-equity ratio to -311.6%. Its total assets and total liabilities are $266.2M and $285.9M respectively.
Key information
-311.6%
Debt to equity ratio
US$61.40m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.46m |
| Equity | -US$19.70m |
| Total liabilities | US$285.92m |
| Total assets | US$266.22m |
Recent financial health updates
Recent updates
Health Check: How Prudently Does Kirkland's (NASDAQ:KIRK) Use Debt?
Aug 01
Kirkland's, Inc. (NASDAQ:KIRK) Shares Could Be 44% Below Their Intrinsic Value Estimate
Oct 07Kirkland's: I'm Bullish (Again) For The First Time Since October 2020
Sep 30Kirkland's Q2 2023 Earnings Preview
Aug 29Slowing Rates Of Return At Kirkland's (NASDAQ:KIRK) Leave Little Room For Excitement
Jul 25Kirkland's Home announces CFO transition plan
Jul 18Kirkland's: A Bleak Future Is Likely Coming
Jun 27Estimating The Intrinsic Value Of Kirkland's, Inc. (NASDAQ:KIRK)
Jun 06At US$6.37, Is It Time To Put Kirkland's, Inc. (NASDAQ:KIRK) On Your Watch List?
May 22Kirkland's' (NASDAQ:KIRK) Returns On Capital Are Heading Higher
Apr 24Earnings Beat: Kirkland's, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Mar 21Kirkland's: Worth Considering For The Moment
Mar 09Is There Now An Opportunity In Kirkland's, Inc. (NASDAQ:KIRK)?
Feb 15Financial Position Analysis
Short Term Liabilities: KIRK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: KIRK 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: KIRK has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: KIRK'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: KIRK has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: KIRK is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.