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 ratio | 4.4x |
Cash | CA$3.51m |
Equity | CA$174.65m |
Total liabilities | CA$187.21m |
Total assets | CA$361.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 74R's short term assets (CA$96.0M) exceed its short term liabilities (CA$58.6M).
Long Term Liabilities: 74R'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: 74R's net debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: 74R's debt to equity ratio has increased from 34.6% to 37.6% over the past 5 years.
Debt Coverage: 74R's debt is well covered by operating cash flow (67.5%).
Interest Coverage: 74R's interest payments on its debt are well covered by EBIT (4.4x coverage).