Kernel Holding Balance Sheet Health
Financial Health criteria checks 5/6
Kernel Holding has a total shareholder equity of $2.0B and total debt of $781.8M, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are $3.4B and $1.5B respectively. Kernel Holding's EBIT is $189.8M making its interest coverage ratio 2.3. It has cash and short-term investments of $676.4M.
Key information
40.0%
Debt to equity ratio
US$781.76m
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$676.45m |
| Equity | US$1.95b |
| Total liabilities | US$1.47b |
| Total assets | US$3.43b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KE's short term assets ($1.9B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: 0KE's short term assets ($1.9B) exceed its long term liabilities ($163.7M).
Debt to Equity History and Analysis
Debt Level: 0KE's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: 0KE's debt to equity ratio has reduced from 68.8% to 40% over the past 5 years.
Debt Coverage: 0KE's debt is well covered by operating cash flow (67.1%).
Interest Coverage: 0KE's interest payments on its debt are not well covered by EBIT (2.3x coverage).