Kingston Wharves Balance Sheet Health
Financial Health criteria checks 5/6
Kingston Wharves has a total shareholder equity of JMD46.5B and total debt of JMD7.2B, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are JMD59.1B and JMD12.6B respectively. Kingston Wharves's EBIT is JMD3.2B making its interest coverage ratio -7.1. It has cash and short-term investments of JMD12.1B.
Key information
15.4%
Debt to equity ratio
JA$7.18b
Debt
Interest coverage ratio | -7.1x |
Cash | JA$12.09b |
Equity | JA$46.47b |
Total liabilities | JA$12.61b |
Total assets | JA$59.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KW's short term assets (JMD13.8B) exceed its short term liabilities (JMD3.7B).
Long Term Liabilities: KW's short term assets (JMD13.8B) exceed its long term liabilities (JMD8.9B).
Debt to Equity History and Analysis
Debt Level: KW has more cash than its total debt.
Reducing Debt: KW's debt to equity ratio has increased from 11.2% to 15.4% over the past 5 years.
Debt Coverage: KW's debt is well covered by operating cash flow (52.4%).
Interest Coverage: KW earns more interest than it pays, so coverage of interest payments is not a concern.