Crown Paints Kenya Balance Sheet Health
Financial Health criteria checks 5/6
Crown Paints Kenya has a total shareholder equity of KES3.8B and total debt of KES408.0M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are KES8.1B and KES4.4B respectively. Crown Paints Kenya's EBIT is KES527.5M making its interest coverage ratio 2.5. It has cash and short-term investments of KES121.0M.
Key information
10.8%
Debt to equity ratio
KSh408.00m
Debt
| Interest coverage ratio | 2.5x |
| Cash | KSh121.00m |
| Equity | KSh3.77b |
| Total liabilities | KSh4.37b |
| Total assets | KSh8.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRWN's short term assets (KES5.8B) exceed its short term liabilities (KES4.0B).
Long Term Liabilities: CRWN's short term assets (KES5.8B) exceed its long term liabilities (KES408.0M).
Debt to Equity History and Analysis
Debt Level: CRWN's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: CRWN's debt to equity ratio has reduced from 149.2% to 10.8% over the past 5 years.
Debt Coverage: CRWN's debt is well covered by operating cash flow (325%).
Interest Coverage: CRWN's interest payments on its debt are not well covered by EBIT (2.5x coverage).