Kingsgate Consolidated Balance Sheet Health
Financial Health criteria checks 4/6
Kingsgate Consolidated has a total shareholder equity of A$247.7M and total debt of A$40.5M, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are A$388.9M and A$141.3M respectively. Kingsgate Consolidated's EBIT is A$209.6M making its interest coverage ratio 28.9. It has cash and short-term investments of A$3.9M.
Key information
16.4%
Debt to equity ratio
AU$40.52m
Debt
| Interest coverage ratio | 28.9x |
| Cash | AU$3.89m |
| Equity | AU$247.69m |
| Total liabilities | AU$141.25m |
| Total assets | AU$388.94m |
Recent financial health updates
Kingsgate Consolidated (ASX:KCN) Takes On Some Risk With Its Use Of Debt
Apr 02
Would Kingsgate Consolidated (ASX:KCN) Be Better Off With Less Debt?
May 31Is Kingsgate Consolidated (ASX:KCN) A Risky Investment?
Nov 01Is Kingsgate Consolidated (ASX:KCN) Weighed On By Its Debt Load?
May 09Recent updates
Kingsgate Consolidated (ASX:KCN) Is Investing Its Capital With Increasing Efficiency
Jun 13Kingsgate Consolidated (ASX:KCN) Takes On Some Risk With Its Use Of Debt
Apr 02Returns Are Gaining Momentum At Kingsgate Consolidated (ASX:KCN)
Jan 04There Are Some Holes In Kingsgate Consolidated's (ASX:KCN) Solid Earnings Release
Oct 06Would Kingsgate Consolidated (ASX:KCN) Be Better Off With Less Debt?
May 31Is Kingsgate Consolidated (ASX:KCN) A Risky Investment?
Nov 01Is Kingsgate Consolidated (ASX:KCN) Weighed On By Its Debt Load?
May 09Did Business Growth Power Kingsgate Consolidated's (ASX:KCN) Share Price Gain of 156%?
Mar 17Financial Position Analysis
Short Term Liabilities: KCN's short term assets (A$50.8M) do not cover its short term liabilities (A$71.0M).
Long Term Liabilities: KCN's short term assets (A$50.8M) do not cover its long term liabilities (A$70.2M).
Debt to Equity History and Analysis
Debt Level: KCN's net debt to equity ratio (14.8%) is considered satisfactory.
Reducing Debt: KCN's debt to equity ratio has reduced from 32.2% to 16.4% over the past 5 years.
Debt Coverage: KCN's debt is well covered by operating cash flow (28.8%).
Interest Coverage: KCN's interest payments on its debt are well covered by EBIT (28.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 23:30 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kingsgate Consolidated Limited is covered by 16 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kurt Worden | APP Securities Pty Ltd. |
| Stephen Thomas | Bell Potter |
| David Haughton | BMO Capital Markets Equity Research |