Knowles Balance Sheet Health
Financial Health criteria checks 5/6
Knowles has a total shareholder equity of $1.0B and total debt of $271.2M, which brings its debt-to-equity ratio to 26.2%. Its total assets and total liabilities are $1.5B and $428.7M respectively. Knowles's EBIT is $51.8M making its interest coverage ratio 9.6. It has cash and short-term investments of $87.3M.
Key information
26.2%
Debt to equity ratio
US$271.20m
Debt
Interest coverage ratio | 9.6x |
Cash | US$87.30m |
Equity | US$1.03b |
Total liabilities | US$428.70m |
Total assets | US$1.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JRJ's short term assets ($428.8M) exceed its short term liabilities ($164.6M).
Long Term Liabilities: 0JRJ's short term assets ($428.8M) exceed its long term liabilities ($264.1M).
Debt to Equity History and Analysis
Debt Level: 0JRJ's net debt to equity ratio (17.8%) is considered satisfactory.
Reducing Debt: 0JRJ's debt to equity ratio has increased from 13% to 26.2% over the past 5 years.
Debt Coverage: 0JRJ's debt is well covered by operating cash flow (45.2%).
Interest Coverage: 0JRJ's interest payments on its debt are well covered by EBIT (9.6x coverage).