K-Bro Linen Balance Sheet Health

Financial Health criteria checks 4/6

K-Bro Linen has a total shareholder equity of CA$174.6M and total debt of CA$65.7M, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are CA$361.9M and CA$187.2M respectively. K-Bro Linen's EBIT is CA$29.6M making its interest coverage ratio 4.4. It has cash and short-term investments of CA$3.5M.

Key information

37.6%

Debt to equity ratio

CA$65.73m

Debt

Interest coverage ratio4.4x
CashCA$3.51m
EquityCA$174.65m
Total liabilitiesCA$187.21m
Total assetsCA$361.86m

Recent financial health updates

No updates

Recent updates

K-Bro Linen Inc. Just Missed EPS By 42%: Here's What Analysts Think Will Happen Next

May 09
K-Bro Linen Inc. Just Missed EPS By 42%: Here's What Analysts Think Will Happen Next

K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10

Apr 19
K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10

K-Bro Linen (TSE:KBL) Will Pay A Dividend Of CA$0.10

Mar 21
K-Bro Linen (TSE:KBL) Will Pay A Dividend Of CA$0.10

K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10

Feb 19
K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10

K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

Nov 15
K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

K-Bro Linen (TSE:KBL) Is Paying Out A Dividend Of CA$0.10

Oct 19
K-Bro Linen (TSE:KBL) Is Paying Out A Dividend Of CA$0.10

K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

Aug 27
K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

Aug 13
K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

K-Bro Linen (TSE:KBL) Will Pay A Dividend Of CA$0.10

Jun 20
K-Bro Linen (TSE:KBL) Will Pay A Dividend Of CA$0.10

K-Bro Linen (TSE:KBL) Is Due To Pay A Dividend Of CA$0.10

Apr 20
K-Bro Linen (TSE:KBL) Is Due To Pay A Dividend Of CA$0.10

K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10

Mar 20
K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10

K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10

Jan 20
K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10

K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

Dec 19
K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

Nov 17
K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10

Oct 21
K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10

K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10

Sep 22
K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10

K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10

Aug 13
K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10

K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10

Jul 21
K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10

K-Bro Linen (TSE:KBL) Has Re-Affirmed Its Dividend Of CA$0.10

Jun 21
K-Bro Linen (TSE:KBL) Has Re-Affirmed Its Dividend Of CA$0.10

K-Bro Linen (TSE:KBL) Will Pay A Dividend Of CA$0.10

Apr 21
K-Bro Linen (TSE:KBL) Will Pay A Dividend Of CA$0.10

Financial Position Analysis

Short Term Liabilities: KBL's short term assets (CA$96.0M) exceed its short term liabilities (CA$58.6M).

Long Term Liabilities: KBL's short term assets (CA$96.0M) do not cover its long term liabilities (CA$128.6M).


Debt to Equity History and Analysis

Debt Level: KBL's net debt to equity ratio (35.6%) is considered satisfactory.

Reducing Debt: KBL's debt to equity ratio has increased from 34.6% to 37.6% over the past 5 years.

Debt Coverage: KBL's debt is well covered by operating cash flow (67.5%).

Interest Coverage: KBL's interest payments on its debt are well covered by EBIT (4.4x coverage).


Balance Sheet


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