K-Bro Linen Balance Sheet Health
Financial Health criteria checks 3/6
K-Bro Linen has a total shareholder equity of CA$188.4M and total debt of CA$135.9M, which brings its debt-to-equity ratio to 72.1%. Its total assets and total liabilities are CA$452.1M and CA$263.7M respectively. K-Bro Linen's EBIT is CA$34.3M making its interest coverage ratio 3.6. It has cash and short-term investments of CA$20.8M.
Key information
72.1%
Debt to equity ratio
CA$135.88m
Debt
| Interest coverage ratio | 3.6x |
| Cash | CA$20.81m |
| Equity | CA$188.35m |
| Total liabilities | CA$263.72m |
| Total assets | CA$452.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 74R's short term assets (CA$124.3M) exceed its short term liabilities (CA$59.9M).
Long Term Liabilities: 74R's short term assets (CA$124.3M) do not cover its long term liabilities (CA$203.9M).
Debt to Equity History and Analysis
Debt Level: 74R's net debt to equity ratio (61.1%) is considered high.
Reducing Debt: 74R's debt to equity ratio has increased from 34.2% to 72.1% over the past 5 years.
Debt Coverage: 74R's debt is well covered by operating cash flow (34.4%).
Interest Coverage: 74R's interest payments on its debt are well covered by EBIT (3.6x coverage).