KNOP · United States
Cash Position
The company is cashflow positive based on quarterly cash flow of 30.213 M
Commentary on Financial Condition
The company faces significant debt with $963 million in long-term obligations and limited liquidity of $63.9 million. They are planning to refinance a $100 million facility with a new $60 million loan, which is crucial as the existing loan is due in May 2024. Management expects to use internally generated cash flow for working capital and debt reduction, but there is no specific mention of how long their cash resources are expected to last, raising concerns about their ability to meet future funding requirements. ---(FOREIGN COMPANY)---2024-04-11
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No former symbols for KNOP
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Disclaimer: Data was sourced from filings using AI and may occasionally contain errors. Data is split adjusted
In the money
potentially in play
out of play
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Convertibles
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Shelf
September 2023 SHELF | SHARE RESALE REGISTRATION | Shares amount: 9,920,267 | Offering amount: $250,000,000.00
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