Kernel Holding Balance Sheet Health
Financial Health criteria checks 6/6
Kernel Holding has a total shareholder equity of $1.9B and total debt of $912.7M, which brings its debt-to-equity ratio to 48.9%. Its total assets and total liabilities are $3.4B and $1.5B respectively. Kernel Holding's EBIT is $443.3M making its interest coverage ratio 6.5. It has cash and short-term investments of $1.0B.
Key information
48.9%
Debt to equity ratio
US$912.75m
Debt
| Interest coverage ratio | 6.5x |
| Cash | US$1.01b |
| Equity | US$1.87b |
| Total liabilities | US$1.53b |
| Total assets | US$3.40b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KE's short term assets ($2.2B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: 0KE's short term assets ($2.2B) exceed its long term liabilities ($163.6M).
Debt to Equity History and Analysis
Debt Level: 0KE has more cash than its total debt.
Reducing Debt: 0KE's debt to equity ratio has reduced from 55.3% to 48.9% over the past 5 years.
Debt Coverage: 0KE's debt is well covered by operating cash flow (51.7%).
Interest Coverage: 0KE's interest payments on its debt are well covered by EBIT (6.5x coverage).