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 $2.4M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are $67.6M and $18.6M respectively.
Key information
4.9%
Debt to equity ratio
US$2.39m
Debt
Interest coverage ratio | n/a |
Cash | US$2.09m |
Equity | US$49.02m |
Total liabilities | US$18.62m |
Total assets | US$67.63m |
Recent financial health updates
Recent updates
Market Cool On Kaixin Auto Holdings' (NASDAQ:KXIN) Revenues
Aug 11Kaixin Auto Holdings to acquire EV producer Morning Star in all-stock deal
Sep 26Kaixin Auto stock jumps on intention order for 5,000 electric vehicles for health services
Aug 16Kaixin Auto receives $700M in planned investments at conversion price of $2
Aug 04Kaixin Auto launched first new energy vehicle brand
Jul 29Financial 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 (0.6%) 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