Kinaxis Balance Sheet Health
Financial Health criteria checks 6/6
Kinaxis has a total shareholder equity of $454.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $692.0M and $237.2M respectively. Kinaxis's EBIT is $14.1M making its interest coverage ratio -1.6. It has cash and short-term investments of $293.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -1.6x |
Cash | US$292.96m |
Equity | US$454.83m |
Total liabilities | US$237.15m |
Total assets | US$691.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9KX's short term assets ($464.4M) exceed its short term liabilities ($183.1M).
Long Term Liabilities: 9KX's short term assets ($464.4M) exceed its long term liabilities ($54.1M).
Debt to Equity History and Analysis
Debt Level: 9KX is debt free.
Reducing Debt: 9KX had no debt 5 years ago.
Debt Coverage: 9KX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 9KX has no debt, therefore coverage of interest payments is not a concern.