Knowles Balance Sheet Health
Financial Health criteria checks 5/6
Knowles has a total shareholder equity of $777.4M and total debt of $225.0M, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are $1.2B and $393.9M respectively. Knowles's EBIT is $61.9M making its interest coverage ratio 3.8. It has cash and short-term investments of $92.6M.
Key information
28.9%
Debt to equity ratio
US$225.00m
Debt
| Interest coverage ratio | 3.8x |
| Cash | US$92.60m |
| Equity | US$777.40m |
| Total liabilities | US$393.90m |
| Total assets | US$1.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1K3's short term assets ($436.0M) exceed its short term liabilities ($185.9M).
Long Term Liabilities: 1K3's short term assets ($436.0M) exceed its long term liabilities ($208.0M).
Debt to Equity History and Analysis
Debt Level: 1K3's net debt to equity ratio (17%) is considered satisfactory.
Reducing Debt: 1K3's debt to equity ratio has increased from 12.3% to 28.9% over the past 5 years.
Debt Coverage: 1K3's debt is well covered by operating cash flow (69.1%).
Interest Coverage: 1K3's interest payments on its debt are well covered by EBIT (3.8x coverage).