Kape Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Kape Technologies has a total shareholder equity of $1.2B and total debt of $368.8M, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are $1.9B and $739.7M respectively. Kape Technologies's EBIT is $100.0M making its interest coverage ratio 9.5. It has cash and short-term investments of $251.6M.
Key information
31.4%
Debt to equity ratio
US$368.82m
Debt
Interest coverage ratio | 9.5x |
Cash | US$251.56m |
Equity | US$1.17b |
Total liabilities | US$739.69m |
Total assets | US$1.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8C2's short term assets ($372.5M) exceed its short term liabilities ($295.3M).
Long Term Liabilities: 8C2's short term assets ($372.5M) do not cover its long term liabilities ($444.4M).
Debt to Equity History and Analysis
Debt Level: 8C2's net debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: 8C2's debt to equity ratio has increased from 0% to 31.4% over the past 5 years.
Debt Coverage: 8C2's debt is well covered by operating cash flow (42%).
Interest Coverage: 8C2's interest payments on its debt are well covered by EBIT (9.5x coverage).