Knutsford Express Services Balance Sheet Health
Financial Health criteria checks 6/6
Knutsford Express Services has a total shareholder equity of JMD1.3B and total debt of JMD282.2M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are JMD1.9B and JMD667.2M respectively. Knutsford Express Services's EBIT is JMD473.7M making its interest coverage ratio 72.6. It has cash and short-term investments of JMD413.7M.
Key information
22.4%
Debt to equity ratio
JA$282.20m
Debt
Interest coverage ratio | 72.6x |
Cash | JA$413.73m |
Equity | JA$1.26b |
Total liabilities | JA$667.20m |
Total assets | JA$1.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KEX's short term assets (JMD592.9M) exceed its short term liabilities (JMD260.0M).
Long Term Liabilities: KEX's short term assets (JMD592.9M) exceed its long term liabilities (JMD407.2M).
Debt to Equity History and Analysis
Debt Level: KEX has more cash than its total debt.
Reducing Debt: KEX's debt to equity ratio has reduced from 30% to 22.4% over the past 5 years.
Debt Coverage: KEX's debt is well covered by operating cash flow (178.9%).
Interest Coverage: KEX's interest payments on its debt are well covered by EBIT (72.6x coverage).