GraceKennedy Financial Health

How is GraceKennedy's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: GK's short term assets (JMD114.6B) exceed its short term liabilities (JMD45.5B).

Long Term Liabilities: GK's short term assets (JMD114.6B) exceed its long term liabilities (JMD82.4B).


Debt to Equity History and Analysis

Debt Level: GK's net debt to equity ratio (1%) is considered satisfactory.

Reducing Debt: GK's debt to equity ratio has increased from 43.1% to 47.8% over the past 5 years.

Debt Coverage: GK's debt is well covered by operating cash flow (23%).

Interest Coverage: GK's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


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