KMD Brands Balance Sheet Health
Financial Health criteria checks 5/6
KMD Brands has a total shareholder equity of NZ$809.5M and total debt of NZ$130.2M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are NZ$1.5B and NZ$695.9M respectively. KMD Brands's EBIT is NZ$42.9M making its interest coverage ratio 2.1. It has cash and short-term investments of NZ$34.0M.
Key information
16.1%
Debt to equity ratio
NZ$130.21m
Debt
| Interest coverage ratio | 2.1x |
| Cash | NZ$34.03m |
| Equity | NZ$809.52m |
| Total liabilities | NZ$695.95m |
| Total assets | NZ$1.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KMD's short term assets (NZ$450.6M) exceed its short term liabilities (NZ$248.4M).
Long Term Liabilities: KMD's short term assets (NZ$450.6M) exceed its long term liabilities (NZ$447.6M).
Debt to Equity History and Analysis
Debt Level: KMD's net debt to equity ratio (11.9%) is considered satisfactory.
Reducing Debt: KMD's debt to equity ratio has reduced from 20.9% to 16.1% over the past 5 years.
Debt Coverage: KMD's debt is well covered by operating cash flow (122.8%).
Interest Coverage: KMD's interest payments on its debt are not well covered by EBIT (2.1x coverage).