Key Tronic Balance Sheet Health
Financial Health criteria checks 2/6
Key Tronic has a total shareholder equity of $124.3M and total debt of $111.0M, which brings its debt-to-equity ratio to 89.2%. Its total assets and total liabilities are $355.9M and $231.6M respectively. Key Tronic's EBIT is $7.9M making its interest coverage ratio 0.7. It has cash and short-term investments of $6.6M.
Key information
89.2%
Debt to equity ratio
US$110.97m
Debt
| Interest coverage ratio | 0.7x |
| Cash | US$6.56m |
| Equity | US$124.34m |
| Total liabilities | US$231.59m |
| Total assets | US$355.93m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KT1's short term assets ($288.3M) exceed its short term liabilities ($112.1M).
Long Term Liabilities: KT1's short term assets ($288.3M) exceed its long term liabilities ($119.4M).
Debt to Equity History and Analysis
Debt Level: KT1's net debt to equity ratio (84%) is considered high.
Reducing Debt: KT1's debt to equity ratio has increased from 41.5% to 89.2% over the past 5 years.
Debt Coverage: KT1's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: KT1's interest payments on its debt are not well covered by EBIT (0.7x coverage).