Akerna Balance Sheet Health
Financial Health criteria checks 0/6
Akerna has a total shareholder equity of $-9.2M and total debt of $8.6M, which brings its debt-to-equity ratio to -93.3%. Its total assets and total liabilities are $4.2M and $13.4M respectively.
Key information
-93.3%
Debt to equity ratio
US$8.58m
Debt
| Interest coverage ratio | n/a |
| Cash | US$209.58k |
| Equity | -US$9.20m |
| Total liabilities | US$13.38m |
| Total assets | US$4.18m |
Recent financial health updates
Is Akerna (NASDAQ:KERN) Using Debt In A Risky Way?
Aug 18
Is Akerna (NASDAQ:KERN) Using Debt Sensibly?
May 03Recent updates
Akerna Corp.'s (NASDAQ:KERN) Revenues Are Not Doing Enough For Some Investors
Oct 19Akerna announces $5M private placement of convertible redeemable preferred stock
Oct 03Akerna Corp. (NASDAQ:KERN) Analysts Just Slashed This Year's Revenue Estimates By 12%
Aug 14Akerna GAAP EPS of -$0.83, revenue of $6.1M
Aug 10Akerna slashes 48%, prices $10M offering
Jun 30Akerna Corp.: Pot Industry Enabler
Nov 05Is Akerna (NASDAQ:KERN) Using Debt In A Risky Way?
Aug 18Is Akerna (NASDAQ:KERN) Using Debt Sensibly?
May 03The Akerna (NASDAQ:KERN) Share Price Has Gained 14% And Shareholders Are Hoping For More
Mar 10Here's What Akerna Corp.'s (NASDAQ:KERN) Shareholder Ownership Structure Looks Like
Feb 03Integrate Akerna Into Your Cannabis Investment Basket
Feb 02Financial Position Analysis
Short Term Liabilities: KERN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: KERN 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: KERN has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: KERN'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: KERN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KERN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.2% each year
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/02/13 10:15 |
| End of Day Share Price | 2024/02/09 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Akerna Corp. is covered by 4 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Kinstlinger | Alliance Global Partners |
| Scott Buck | H.C. Wainwright & Co. |
| Eric Martinuzzi | Lake Street Capital Markets, LLC |