KMD Brands Balance Sheet Health
Financial Health criteria checks 3/6
KMD Brands has a total shareholder equity of NZ$785.7M and total debt of NZ$93.6M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are NZ$1.4B and NZ$651.9M respectively. KMD Brands's EBIT is NZ$16.4M making its interest coverage ratio 0.8. It has cash and short-term investments of NZ$33.9M.
Key information
11.9%
Debt to equity ratio
NZ$93.60m
Debt
| Interest coverage ratio | 0.8x |
| Cash | NZ$33.95m |
| Equity | NZ$785.68m |
| Total liabilities | NZ$651.92m |
| Total assets | NZ$1.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KMD's short term assets (NZ$404.8M) exceed its short term liabilities (NZ$243.3M).
Long Term Liabilities: KMD's short term assets (NZ$404.8M) do not cover its long term liabilities (NZ$408.6M).
Debt to Equity History and Analysis
Debt Level: KMD's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: KMD's debt to equity ratio has increased from 5.8% to 11.9% over the past 5 years.
Debt Coverage: KMD's debt is well covered by operating cash flow (154.5%).
Interest Coverage: KMD's interest payments on its debt are not well covered by EBIT (0.8x coverage).