Kidpik Balance Sheet Health
Financial Health criteria checks 4/6
Kidpik has a total shareholder equity of $1.0M and total debt of $2.7M, which brings its debt-to-equity ratio to 262.2%. Its total assets and total liabilities are $7.1M and $6.1M respectively.
Key information
262.2%
Debt to equity ratio
US$2.72m
Debt
Interest coverage ratio | n/a |
Cash | US$194.52k |
Equity | US$1.04m |
Total liabilities | US$6.08m |
Total assets | US$7.12m |
Recent financial health updates
Recent updates
Kidpik Corp.'s (NASDAQ:PIK) 48% Share Price Surge Not Quite Adding Up
Mar 08Is Kidpik (NASDAQ:PIK) Weighed On By Its Debt Load?
Jan 24Kidpik Corp.'s (NASDAQ:PIK) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Nov 26Kidpik GAAP EPS of -$0.21 beats by $0.08, revenue of $3.8M misses by $0.2M
Aug 16Financial Position Analysis
Short Term Liabilities: PIK's short term assets ($6.0M) exceed its short term liabilities ($5.3M).
Long Term Liabilities: PIK's short term assets ($6.0M) exceed its long term liabilities ($780.2K).
Debt to Equity History and Analysis
Debt Level: PIK's net debt to equity ratio (243.4%) is considered high.
Reducing Debt: Insufficient data to determine if PIK'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: PIK has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PIK is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.