Kaixin Holdings Balance Sheet Health

Financial Health criteria checks 2/6

Kaixin Holdings has a total shareholder equity of $49.0M and total debt of $2.6M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are $67.6M and $18.6M respectively.

Key information

5.3%

Debt to equity ratio

US$2.60m

Debt

Interest coverage ration/a
CashUS$2.09m
EquityUS$49.02m
Total liabilitiesUS$18.62m
Total assetsUS$67.63m

Recent financial health updates

Recent updates

Positive Sentiment Still Eludes Kaixin Holdings (NASDAQ:KXIN) Following 26% Share Price Slump

May 03
Positive Sentiment Still Eludes Kaixin Holdings (NASDAQ:KXIN) Following 26% Share Price Slump

Market Cool On Kaixin Auto Holdings' (NASDAQ:KXIN) Revenues

Aug 11
Market Cool On Kaixin Auto Holdings' (NASDAQ:KXIN) Revenues

Kaixin Auto Holdings to acquire EV producer Morning Star in all-stock deal

Sep 26

Kaixin Auto stock jumps on intention order for 5,000 electric vehicles for health services

Aug 16

Kaixin Auto receives $700M in planned investments at conversion price of $2

Aug 04

Kaixin Auto launched first new energy vehicle brand

Jul 29

Financial Position Analysis

Short Term Liabilities: KXIN's short term assets ($4.2M) do not cover its short term liabilities ($15.1M).

Long Term Liabilities: KXIN's short term assets ($4.2M) exceed its long term liabilities ($3.5M).


Debt to Equity History and Analysis

Debt Level: KXIN's net debt to equity ratio (1.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if KXIN'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: KXIN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: KXIN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25.5% each year


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