KonaTel Balance Sheet Health
Financial Health criteria checks 6/6
KonaTel has a total shareholder equity of $4.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $8.0M and $3.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.68m |
| Equity | US$4.45m |
| Total liabilities | US$3.55m |
| Total assets | US$7.99m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KTEL's short term assets ($7.2M) exceed its short term liabilities ($3.3M).
Long Term Liabilities: KTEL's short term assets ($7.2M) exceed its long term liabilities ($274.5K).
Debt to Equity History and Analysis
Debt Level: KTEL is debt free.
Reducing Debt: KTEL has no debt compared to 5 years ago when its debt to equity ratio was 13.3%.
Debt Coverage: KTEL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KTEL has no debt, therefore coverage of interest payments is not a concern.