Klaveness Combination Carriers Balance Sheet Health
Financial Health criteria checks 4/6
Klaveness Combination Carriers has a total shareholder equity of $366.4M and total debt of $230.4M, which brings its debt-to-equity ratio to 62.9%. Its total assets and total liabilities are $623.7M and $257.3M respectively. Klaveness Combination Carriers's EBIT is $100.4M making its interest coverage ratio 6.3. It has cash and short-term investments of $62.1M.
Key information
62.9%
Debt to equity ratio
US$230.38m
Debt
Interest coverage ratio | 6.3x |
Cash | US$62.15m |
Equity | US$366.36m |
Total liabilities | US$257.34m |
Total assets | US$623.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KCCO's short term assets ($107.2M) exceed its short term liabilities ($66.7M).
Long Term Liabilities: KCCO's short term assets ($107.2M) do not cover its long term liabilities ($190.6M).
Debt to Equity History and Analysis
Debt Level: KCCO's net debt to equity ratio (45.9%) is considered high.
Reducing Debt: KCCO's debt to equity ratio has reduced from 98.1% to 62.9% over the past 5 years.
Debt Coverage: KCCO's debt is well covered by operating cash flow (61.2%).
Interest Coverage: KCCO's interest payments on its debt are well covered by EBIT (6.3x coverage).