Kerry Logistics Network Balance Sheet Health
Financial Health criteria checks 5/6
Kerry Logistics Network has a total shareholder equity of HK$18.6B and total debt of HK$9.2B, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are HK$40.6B and HK$22.0B respectively. Kerry Logistics Network's EBIT is HK$2.3B making its interest coverage ratio 4.4. It has cash and short-term investments of HK$5.8B.
Key information
49.5%
Debt to equity ratio
HK$9.20b
Debt
| Interest coverage ratio | 4.4x |
| Cash | HK$5.82b |
| Equity | HK$18.59b |
| Total liabilities | HK$21.98b |
| Total assets | HK$40.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 636's short term assets (HK$20.5B) exceed its short term liabilities (HK$14.0B).
Long Term Liabilities: 636's short term assets (HK$20.5B) exceed its long term liabilities (HK$8.0B).
Debt to Equity History and Analysis
Debt Level: 636's net debt to equity ratio (18.2%) is considered satisfactory.
Reducing Debt: 636's debt to equity ratio has increased from 33.5% to 49.5% over the past 5 years.
Debt Coverage: 636's debt is well covered by operating cash flow (30%).
Interest Coverage: 636's interest payments on its debt are well covered by EBIT (4.4x coverage).