GraceKennedy Financial Health
How is GraceKennedy's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
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).