Fundamental analysis for KNB - has anyone looked at it?17 Feb 2021 23:09
Hello,
I am not a financial expert but I looked at the financial ratios for KNB. Luckily, it is far from collapsing as the quick ratio and current ratio are both 3.61. Debt/Equity is also so low which is 0.27. Its cash position is also sound. I think its balance sheet is clean and safe, so I aim to hold for a long run.
What I am worried about is its cash flow position. The operating activities are all slightly negative since the record in 2017. Is it common for IPO companies?
Also, somehow, there is no revenue recorded from 2017. Is is common for IPO companies?
Due to that, there is not much fundamental analysis I can do. Let alone all the profitability ratios as they are all -ve but I think it could be a characteristic for IPO companies...
Any opinions?