Kaiser Aluminum Balance Sheet Health
Financial Health criteria checks 2/6
Kaiser Aluminum has a total shareholder equity of $664.9M and total debt of $1.0B, which brings its debt-to-equity ratio to 156.5%. Its total assets and total liabilities are $2.3B and $1.6B respectively. Kaiser Aluminum's EBIT is $106.8M making its interest coverage ratio 2.4. It has cash and short-term investments of $101.6M.
Key information
156.5%
Debt to equity ratio
US$1.04b
Debt
Interest coverage ratio | 2.4x |
Cash | US$101.60m |
Equity | US$664.90m |
Total liabilities | US$1.63b |
Total assets | US$2.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KLU1's short term assets ($1.0B) exceed its short term liabilities ($384.7M).
Long Term Liabilities: KLU1's short term assets ($1.0B) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: KLU1's net debt to equity ratio (141.2%) is considered high.
Reducing Debt: KLU1's debt to equity ratio has increased from 49.6% to 156.5% over the past 5 years.
Debt Coverage: KLU1's debt is well covered by operating cash flow (28.4%).
Interest Coverage: KLU1's interest payments on its debt are not well covered by EBIT (2.4x coverage).