Kainos Group Balance Sheet Health
Financial Health criteria checks 6/6
Kainos Group has a total shareholder equity of £159.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £290.1M and £130.9M respectively. Kainos Group's EBIT is £61.6M making its interest coverage ratio -10.9. It has cash and short-term investments of £147.2M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -10.9x |
| Cash | UK£147.18m |
| Equity | UK£159.29m |
| Total liabilities | UK£130.85m |
| Total assets | UK£290.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1KG's short term assets (£225.0M) exceed its short term liabilities (£122.8M).
Long Term Liabilities: 1KG's short term assets (£225.0M) exceed its long term liabilities (£8.1M).
Debt to Equity History and Analysis
Debt Level: 1KG is debt free.
Reducing Debt: 1KG has not had any debt for past 5 years.
Debt Coverage: 1KG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1KG has no debt, therefore coverage of interest payments is not a concern.