Krispy Kreme Balance Sheet Health
Financial Health criteria checks 1/6
Krispy Kreme has a total shareholder equity of $1.2B and total debt of $811.2M, which brings its debt-to-equity ratio to 67.1%. Its total assets and total liabilities are $3.1B and $1.9B respectively. Krispy Kreme's EBIT is $9.6M making its interest coverage ratio 0.2. It has cash and short-term investments of $25.4M.
Key information
67.1%
Debt to equity ratio
US$811.18m
Debt
| Interest coverage ratio | 0.2x |
| Cash | US$25.41m |
| Equity | US$1.21b |
| Total liabilities | US$1.86b |
| Total assets | US$3.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9YM's short term assets ($164.3M) do not cover its short term liabilities ($475.5M).
Long Term Liabilities: 9YM's short term assets ($164.3M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: 9YM's net debt to equity ratio (65%) is considered high.
Reducing Debt: 9YM's debt to equity ratio has reduced from 120.7% to 67.1% over the past 5 years.
Debt Coverage: 9YM's debt is not well covered by operating cash flow (2.5%).
Interest Coverage: 9YM's interest payments on its debt are not well covered by EBIT (0.2x coverage).