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