K-Bro Linen Balance Sheet Health
Financial Health criteria checks 4/6
K-Bro Linen has a total shareholder equity of CA$174.4M and total debt of CA$70.2M, which brings its debt-to-equity ratio to 40.3%. Its total assets and total liabilities are CA$364.7M and CA$190.3M respectively. K-Bro Linen's EBIT is CA$29.3M making its interest coverage ratio 4.6. It has cash and short-term investments of CA$5.9M.
Key information
40.3%
Debt to equity ratio
CA$70.25m
Debt
| Interest coverage ratio | 4.6x |
| Cash | CA$5.86m |
| Equity | CA$174.43m |
| Total liabilities | CA$190.29m |
| Total assets | CA$364.72m |
Recent financial health updates
Recent updates
K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10
Apr 19
K-Bro Linen (TSE:KBL) Will Pay A Dividend Of CA$0.10
Mar 21K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10
Feb 19K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10
Nov 15K-Bro Linen (TSE:KBL) Is Paying Out A Dividend Of CA$0.10
Oct 19K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10
Aug 27K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10
Aug 13K-Bro Linen (TSE:KBL) Will Pay A Dividend Of CA$0.10
Jun 20K-Bro Linen (TSE:KBL) Is Due To Pay A Dividend Of CA$0.10
Apr 20K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10
Mar 20K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10
Jan 20K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10
Dec 19K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10
Nov 17K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10
Oct 21K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10
Sep 22K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10
Aug 13K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10
Jul 21K-Bro Linen (TSE:KBL) Has Re-Affirmed Its Dividend Of CA$0.10
Jun 21K-Bro Linen (TSE:KBL) Will Pay A Dividend Of CA$0.10
Apr 21K-Bro Linen (TSE:KBL) Will Pay A Dividend Of CA$0.10
Mar 23Is K-Bro Linen (TSE:KBL) Using Too Much Debt?
Mar 17Financial Position Analysis
Short Term Liabilities: KBL's short term assets (CA$99.6M) exceed its short term liabilities (CA$57.5M).
Long Term Liabilities: KBL's short term assets (CA$99.6M) do not cover its long term liabilities (CA$132.8M).
Debt to Equity History and Analysis
Debt Level: KBL's net debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: KBL's debt to equity ratio has increased from 35.3% to 40.3% over the past 5 years.
Debt Coverage: KBL's debt is well covered by operating cash flow (58.4%).
Interest Coverage: KBL's interest payments on its debt are well covered by EBIT (4.6x coverage).