Kingston Properties Balance Sheet Health
Financial Health criteria checks 1/6
Kingston Properties has a total shareholder equity of $49.6M and total debt of $27.0M, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are $77.4M and $27.8M respectively. Kingston Properties's EBIT is $2.5M making its interest coverage ratio 2.1. It has cash and short-term investments of $3.5M.
Key information
54.4%
Debt to equity ratio
US$26.97m
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$3.51m |
| Equity | US$49.56m |
| Total liabilities | US$27.80m |
| Total assets | US$77.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KPREIT's short term assets ($5.8M) exceed its short term liabilities ($3.0M).
Long Term Liabilities: KPREIT's short term assets ($5.8M) do not cover its long term liabilities ($24.8M).
Debt to Equity History and Analysis
Debt Level: KPREIT's net debt to equity ratio (47.3%) is considered high.
Reducing Debt: KPREIT's debt to equity ratio has increased from 53.7% to 54.4% over the past 5 years.
Debt Coverage: KPREIT's debt is not well covered by operating cash flow (10%).
Interest Coverage: KPREIT's interest payments on its debt are not well covered by EBIT (2.1x coverage).