Kenya Power and Lighting Balance Sheet Health
Financial Health criteria checks 2/6
Kenya Power and Lighting has a total shareholder equity of KES56.8B and total debt of KES115.5B, which brings its debt-to-equity ratio to 203.1%. Its total assets and total liabilities are KES353.7B and KES296.9B respectively. Kenya Power and Lighting's EBIT is KES19.4B making its interest coverage ratio 2.9. It has cash and short-term investments of KES18.2B.
Key information
203.1%
Debt to equity ratio
KSh115.46b
Debt
Interest coverage ratio | 2.9x |
Cash | KSh18.23b |
Equity | KSh56.84b |
Total liabilities | KSh296.88b |
Total assets | KSh353.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KPLC's short term assets (KES81.0B) do not cover its short term liabilities (KES132.3B).
Long Term Liabilities: KPLC's short term assets (KES81.0B) do not cover its long term liabilities (KES164.6B).
Debt to Equity History and Analysis
Debt Level: KPLC's net debt to equity ratio (171%) is considered high.
Reducing Debt: KPLC's debt to equity ratio has reduced from 207.2% to 203.1% over the past 5 years.
Debt Coverage: KPLC's debt is well covered by operating cash flow (28.3%).
Interest Coverage: KPLC's interest payments on its debt are not well covered by EBIT (2.9x coverage).