KORE Group Holdings Balance Sheet Health
Financial Health criteria checks 2/6
KORE Group Holdings has a total shareholder equity of $37.0M and total debt of $440.1M, which brings its debt-to-equity ratio to 1190.4%. Its total assets and total liabilities are $587.0M and $550.0M respectively.
Key information
1,190.4%
Debt to equity ratio
US$440.11m
Debt
| Interest coverage ratio | n/a |
| Cash | US$27.14m |
| Equity | US$36.97m |
| Total liabilities | US$550.01m |
| Total assets | US$586.98m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: KORE's short term assets ($102.0M) exceed its short term liabilities ($74.5M).
Long Term Liabilities: KORE's short term assets ($102.0M) do not cover its long term liabilities ($475.5M).
Debt to Equity History and Analysis
Debt Level: KORE's net debt to equity ratio (1117%) is considered high.
Reducing Debt: Insufficient data to determine if KORE'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: KORE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if KORE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.