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 0.6. It has cash and short-term investments of $913.2M.
Key information
73.9%
Debt to equity ratio
US$1.53b
Debt
Interest coverage ratio | 0.6x |
Cash | US$913.17m |
Equity | US$2.07b |
Total liabilities | US$2.04b |
Total assets | US$4.11b |
Recent financial health updates
We Think Kenon Holdings (TLV:KEN) Can Stay On Top Of Its Debt
Mar 22Here's Why Kenon Holdings (TLV:KEN) Has A Meaningful Debt Burden
Sep 18Kenon Holdings (TLV:KEN) Takes On Some Risk With Its Use Of Debt
May 19We Think Kenon Holdings (TLV:KEN) Can Stay On Top Of Its Debt
Feb 05Recent updates
We Think Kenon Holdings (TLV:KEN) Can Stay On Top Of Its Debt
Mar 22Be Wary Of Kenon Holdings (TLV:KEN) And Its Returns On Capital
Feb 16Market Still Lacking Some Conviction On Kenon Holdings Ltd. (TLV:KEN)
Jan 05Kenon Holdings (TLV:KEN) May Have Issues Allocating Its Capital
Oct 25Here's Why Kenon Holdings (TLV:KEN) Has A Meaningful Debt Burden
Sep 18Improved Revenues Required Before Kenon Holdings Ltd. (TLV:KEN) Shares Find Their Feet
Aug 06Kenon Holdings (TLV:KEN) Takes On Some Risk With Its Use Of Debt
May 19Has Kenon Holdings (TLV:KEN) Got What It Takes To Become A Multi-Bagger?
Mar 03We Think Kenon Holdings (TLV:KEN) Can Stay On Top Of Its Debt
Feb 05We Wouldn't Rely On Kenon Holdings's (TLV:KEN) Statutory Earnings As A Guide
Jan 15What Kind Of Investors Own Most Of Kenon Holdings Ltd. (TLV:KEN)?
Dec 25Is Kenon Holdings Ltd.'s (TLV:KEN) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Dec 04Financial Position Analysis
Short Term Liabilities: KEN's short term assets ($1.1B) exceed its short term liabilities ($358.8M).
Long Term Liabilities: KEN's short term assets ($1.1B) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: KEN's net debt to equity ratio (29.8%) is considered satisfactory.
Reducing Debt: KEN's debt to equity ratio has reduced from 81.9% to 73.9% over the past 5 years.
Debt Coverage: KEN's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: KEN's interest payments on its debt are not well covered by EBIT (0.6x coverage).