Express Kenya Balance Sheet Health
Financial Health criteria checks 3/6
Express Kenya has a total shareholder equity of KES588.3M and total debt of KES8.1M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are KES1.4B and KES762.3M respectively.
Key information
1.4%
Debt to equity ratio
KSh8.07m
Debt
Interest coverage ratio | n/a |
Cash | KSh7.00k |
Equity | KSh588.27m |
Total liabilities | KSh762.30m |
Total assets | KSh1.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XPRS's short term assets (KES63.1M) exceed its short term liabilities (KES43.7M).
Long Term Liabilities: XPRS's short term assets (KES63.1M) do not cover its long term liabilities (KES718.6M).
Debt to Equity History and Analysis
Debt Level: XPRS's net debt to equity ratio (1.4%) is considered satisfactory.
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: Insufficient data to determine if XPRS has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if XPRS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.