Knight-Swift Transportation Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Knight-Swift Transportation Holdings has a total shareholder equity of $7.1B and total debt of $2.2B, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are $12.6B and $5.6B respectively. Knight-Swift Transportation Holdings's EBIT is $182.8M making its interest coverage ratio 1.5. It has cash and short-term investments of $204.8M.
Key information
31.1%
Debt to equity ratio
US$2.20b
Debt
Interest coverage ratio | 1.5x |
Cash | US$204.76m |
Equity | US$7.07b |
Total liabilities | US$5.56b |
Total assets | US$12.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KSX's short term assets ($1.5B) do not cover its short term liabilities ($1.6B).
Long Term Liabilities: KSX's short term assets ($1.5B) do not cover its long term liabilities ($3.9B).
Debt to Equity History and Analysis
Debt Level: KSX's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: KSX's debt to equity ratio has increased from 10.8% to 31.1% over the past 5 years.
Debt Coverage: KSX's debt is well covered by operating cash flow (38.8%).
Interest Coverage: KSX's interest payments on its debt are not well covered by EBIT (1.5x coverage).