Kaspien Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Kaspien Holdings has a total shareholder equity of $-6.0M and total debt of $20.6M, which brings its debt-to-equity ratio to -343.8%. Its total assets and total liabilities are $35.9M and $41.9M respectively.
Key information
-343.8%
Debt to equity ratio
US$20.62m
Debt
Interest coverage ratio | n/a |
Cash | US$405.00k |
Equity | -US$6.00m |
Total liabilities | US$41.92m |
Total assets | US$35.92m |
Recent financial health updates
Recent updates
Kaspien Holdings GAAP EPS of -$1.69, revenue of $33.91M
Sep 13Kaspien prices $8M in registered and private placement stock offering
Jul 12One Analyst Thinks Kaspien Holdings Inc.'s (NASDAQ:KSPN) Revenues Are Under Threat
Dec 15Shareholders In Kaspien Holdings (NASDAQ:KSPN) Should Look Beyond Earnings For The Full Story
Sep 21Is Kaspien Holdings (NASDAQ:KSPN) Using Too Much Debt?
Jul 16Kaspien Holdings reports Q3 results
Dec 15Financial Position Analysis
Short Term Liabilities: KSPN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: KSPN 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: KSPN has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: KSPN'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: KSPN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: KSPN has less than a year of cash runway if free cash flow continues to grow at historical rates of 9.3% each year.