Key Tronic Balance Sheet Health
Financial Health criteria checks 2/6
Key Tronic has a total shareholder equity of $132.4M and total debt of $118.0M, which brings its debt-to-equity ratio to 89.1%. Its total assets and total liabilities are $378.7M and $246.3M respectively. Key Tronic's EBIT is $15.5M making its interest coverage ratio 1.3. It has cash and short-term investments of $3.0M.
Key information
89.1%
Debt to equity ratio
US$117.96m
Debt
Interest coverage ratio | 1.3x |
Cash | US$2.95m |
Equity | US$132.44m |
Total liabilities | US$246.29m |
Total assets | US$378.72m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KT1's short term assets ($312.3M) exceed its short term liabilities ($118.4M).
Long Term Liabilities: KT1's short term assets ($312.3M) exceed its long term liabilities ($127.9M).
Debt to Equity History and Analysis
Debt Level: KT1's net debt to equity ratio (86.8%) is considered high.
Reducing Debt: KT1's debt to equity ratio has increased from 32.3% to 89.1% over the past 5 years.
Debt Coverage: KT1's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: KT1's interest payments on its debt are not well covered by EBIT (1.3x coverage).