Kenon Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Kenon Holdings has a total shareholder equity of $2.1B and total debt of $1.5B, which brings its debt-to-equity ratio to 73.9%. Its total assets and total liabilities are $4.1B and $2.0B respectively. Kenon Holdings's EBIT is $42.6M making its interest coverage ratio 2.7. It has cash and short-term investments of $912.6M.
Key information
73.9%
Debt to equity ratio
US$1.53b
Debt
Interest coverage ratio | 2.7x |
Cash | US$912.64m |
Equity | US$2.07b |
Total liabilities | US$2.04b |
Total assets | US$4.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 76N's short term assets ($1.1B) exceed its short term liabilities ($358.8M).
Long Term Liabilities: 76N's short term assets ($1.1B) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: 76N's net debt to equity ratio (29.8%) is considered satisfactory.
Reducing Debt: 76N's debt to equity ratio has reduced from 81.9% to 73.9% over the past 5 years.
Debt Coverage: 76N's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: 76N's interest payments on its debt are not well covered by EBIT (2.7x coverage).