Kontrol Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Kontrol Technologies has a total shareholder equity of CA$14.6M and total debt of CA$3.5M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are CA$20.7M and CA$6.2M respectively.
Key information
24.0%
Debt to equity ratio
CA$3.50m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$11.61m |
| Equity | CA$14.56m |
| Total liabilities | CA$6.17m |
| Total assets | CA$20.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1K8's short term assets (CA$15.3M) exceed its short term liabilities (CA$5.1M).
Long Term Liabilities: 1K8's short term assets (CA$15.3M) exceed its long term liabilities (CA$1.1M).
Debt to Equity History and Analysis
Debt Level: 1K8 has more cash than its total debt.
Reducing Debt: 1K8's debt to equity ratio has reduced from 476.8% to 24% over the past 5 years.
Debt Coverage: 1K8's debt is well covered by operating cash flow (29.4%).
Interest Coverage: Insufficient data to determine if 1K8's interest payments on its debt are well covered by EBIT.