Kaixin Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Kaixin Holdings has a total shareholder equity of $49.2M and total debt of $1.3M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are $64.6M and $15.4M respectively.
Key information
2.7%
Debt to equity ratio
US$1.31m
Debt
| Interest coverage ratio | n/a |
| Cash | US$628.00k |
| Equity | US$49.24m |
| Total liabilities | US$15.36m |
| Total assets | US$64.60m |
Recent financial health updates
Recent updates
Slammed 75% Kaixin Holdings (NASDAQ:KXIN) Screens Well Here But There Might Be A Catch
Nov 16
Investors Still Aren't Entirely Convinced By Kaixin Holdings' (NASDAQ:KXIN) Revenues Despite 31% Price Jump
Sep 29It's Down 26% But Kaixin Holdings (NASDAQ:KXIN) Could Be Riskier Than It Looks
Aug 15It's Down 37% But Kaixin Holdings (NASDAQ:KXIN) Could Be Riskier Than It Looks
Jun 19Positive Sentiment Still Eludes Kaixin Holdings (NASDAQ:KXIN) Following 26% Share Price Slump
May 03Market 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 ($3.2M) do not cover its short term liabilities ($12.2M).
Long Term Liabilities: KXIN's short term assets ($3.2M) do not cover its long term liabilities ($3.2M).
Debt to Equity History and Analysis
Debt Level: KXIN's net debt to equity ratio (1.4%) 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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: KXIN has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 10% each year.