Carbacid Investments Balance Sheet Health
Financial Health criteria checks 5/6
Carbacid Investments has a total shareholder equity of KES4.2B and total debt of KES428.6M, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are KES5.3B and KES1.0B respectively. Carbacid Investments's EBIT is KES800.1M making its interest coverage ratio -3. It has cash and short-term investments of KES124.0M.
Key information
10.1%
Debt to equity ratio
KSh428.63m
Debt
| Interest coverage ratio | -3x |
| Cash | KSh123.99m |
| Equity | KSh4.22b |
| Total liabilities | KSh1.05b |
| Total assets | KSh5.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CARB's short term assets (KES836.7M) exceed its short term liabilities (KES358.9M).
Long Term Liabilities: CARB's short term assets (KES836.7M) exceed its long term liabilities (KES688.4M).
Debt to Equity History and Analysis
Debt Level: CARB's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: CARB's debt to equity ratio has increased from 0% to 10.1% over the past 5 years.
Debt Coverage: CARB's debt is well covered by operating cash flow (202%).
Interest Coverage: CARB earns more interest than it pays, so coverage of interest payments is not a concern.