Kits Eyecare Balance Sheet Health
Financial Health criteria checks 4/6
Kits Eyecare has a total shareholder equity of CA$53.4M and total debt of CA$8.2M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are CA$95.3M and CA$41.9M respectively.
Key information
15.4%
Debt to equity ratio
CA$8.25m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$19.31m |
| Equity | CA$53.42m |
| Total liabilities | CA$41.90m |
| Total assets | CA$95.32m |
Recent financial health updates
No updates
Recent updates
Kits Eyecare Ltd. (TSE:KITS) Stocks Shoot Up 28% But Its P/S Still Looks Reasonable
Aug 20
Why Investors Shouldn't Be Surprised By Kits Eyecare Ltd.'s (TSE:KITS) 33% Share Price Surge
Jun 08An Intrinsic Calculation For Kits Eyecare Ltd. (TSE:KITS) Suggests It's 44% Undervalued
Jun 04Revenues Tell The Story For Kits Eyecare Ltd. (TSE:KITS)
Dec 27With Kits Eyecare Ltd. (TSE:KITS) It Looks Like You'll Get What You Pay For
Jun 13Financial Position Analysis
Short Term Liabilities: KITS's short term assets (CA$39.2M) exceed its short term liabilities (CA$31.9M).
Long Term Liabilities: KITS's short term assets (CA$39.2M) exceed its long term liabilities (CA$10.0M).
Debt to Equity History and Analysis
Debt Level: KITS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if KITS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KITS's debt is well covered by operating cash flow (71.8%).
Interest Coverage: Insufficient data to determine if KITS's interest payments on its debt are well covered by EBIT.