Express Kenya Balance Sheet Health
Financial Health criteria checks 2/6
Express Kenya has a total shareholder equity of KES465.8M and total debt of KES354.9M, which brings its debt-to-equity ratio to 76.2%. Its total assets and total liabilities are KES1.3B and KES845.6M respectively.
Key information
76.2%
Debt to equity ratio
KSh354.88m
Debt
| Interest coverage ratio | n/a |
| Cash | KSh109.00k |
| Equity | KSh465.75m |
| Total liabilities | KSh845.59m |
| Total assets | KSh1.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XPRS's short term assets (KES66.4M) exceed its short term liabilities (KES31.0M).
Long Term Liabilities: XPRS's short term assets (KES66.4M) do not cover its long term liabilities (KES814.6M).
Debt to Equity History and Analysis
Debt Level: XPRS's net debt to equity ratio (76.2%) is considered high.
Reducing Debt: XPRS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: XPRS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: XPRS has less than a year of cash runway if free cash flow continues to grow at historical rates of 64.7% each year.