Kenya Electricity Generating Balance Sheet Health
Financial Health criteria checks 5/6
Kenya Electricity Generating has a total shareholder equity of KES278.1B and total debt of KES117.8B, which brings its debt-to-equity ratio to 42.4%. Its total assets and total liabilities are KES491.3B and KES213.2B respectively. Kenya Electricity Generating's EBIT is KES10.4B making its interest coverage ratio -7.5. It has cash and short-term investments of KES26.2B.
Key information
42.4%
Debt to equity ratio
KSh117.78b
Debt
| Interest coverage ratio | -7.5x |
| Cash | KSh26.20b |
| Equity | KSh278.11b |
| Total liabilities | KSh213.19b |
| Total assets | KSh491.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KEGN's short term assets (KES48.2B) exceed its short term liabilities (KES18.8B).
Long Term Liabilities: KEGN's short term assets (KES48.2B) do not cover its long term liabilities (KES194.4B).
Debt to Equity History and Analysis
Debt Level: KEGN's net debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: KEGN's debt to equity ratio has reduced from 72.4% to 42.4% over the past 5 years.
Debt Coverage: KEGN's debt is well covered by operating cash flow (31.3%).
Interest Coverage: KEGN earns more interest than it pays, so coverage of interest payments is not a concern.