K&S Balance Sheet Health
Financial Health criteria checks 6/6
K&S has a total shareholder equity of A$327.7M and total debt of A$49.9M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are A$610.1M and A$282.4M respectively. K&S's EBIT is A$37.9M making its interest coverage ratio 10.7. It has cash and short-term investments of A$27.7M.
Key information
15.2%
Debt to equity ratio
AU$49.94m
Debt
Interest coverage ratio | 10.7x |
Cash | AU$27.70m |
Equity | AU$327.74m |
Total liabilities | AU$282.37m |
Total assets | AU$610.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KSC's short term assets (A$148.6M) exceed its short term liabilities (A$142.7M).
Long Term Liabilities: KSC's short term assets (A$148.6M) exceed its long term liabilities (A$139.7M).
Debt to Equity History and Analysis
Debt Level: KSC's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: KSC's debt to equity ratio has reduced from 16.1% to 15.2% over the past 5 years.
Debt Coverage: KSC's debt is well covered by operating cash flow (168.9%).
Interest Coverage: KSC's interest payments on its debt are well covered by EBIT (10.7x coverage).