Kerry Logistics Network Balance Sheet Health
Financial Health criteria checks 5/6
Kerry Logistics Network has a total shareholder equity of HK$20.1B and total debt of HK$8.8B, which brings its debt-to-equity ratio to 43.9%. Its total assets and total liabilities are HK$42.1B and HK$22.0B respectively. Kerry Logistics Network's EBIT is HK$2.2B making its interest coverage ratio 4.3. It has cash and short-term investments of HK$6.5B.
Key information
43.9%
Debt to equity ratio
HK$8.83b
Debt
Interest coverage ratio | 4.3x |
Cash | HK$6.52b |
Equity | HK$20.11b |
Total liabilities | HK$22.01b |
Total assets | HK$42.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KYL's short term assets (HK$21.4B) exceed its short term liabilities (HK$14.7B).
Long Term Liabilities: KYL's short term assets (HK$21.4B) exceed its long term liabilities (HK$7.4B).
Debt to Equity History and Analysis
Debt Level: KYL's net debt to equity ratio (11.5%) is considered satisfactory.
Reducing Debt: KYL's debt to equity ratio has increased from 41.7% to 43.9% over the past 5 years.
Debt Coverage: KYL's debt is well covered by operating cash flow (48.1%).
Interest Coverage: KYL's interest payments on its debt are well covered by EBIT (4.3x coverage).