Kainos Group Balance Sheet Health
Financial Health criteria checks 6/6
Kainos Group has a total shareholder equity of £137.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £268.3M and £130.9M respectively. Kainos Group's EBIT is £54.2M making its interest coverage ratio -19.7. It has cash and short-term investments of £113.0M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | -19.7x |
Cash | UK£113.05m |
Equity | UK£137.37m |
Total liabilities | UK£130.93m |
Total assets | UK£268.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1KG's short term assets (£196.2M) exceed its short term liabilities (£126.6M).
Long Term Liabilities: 1KG's short term assets (£196.2M) exceed its long term liabilities (£4.4M).
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.