Klaveness Combination Carriers Balance Sheet Health
Financial Health criteria checks 4/6
Klaveness Combination Carriers has a total shareholder equity of $366.4M and total debt of $230.4M, which brings its debt-to-equity ratio to 62.9%. Its total assets and total liabilities are $623.7M and $257.3M respectively. Klaveness Combination Carriers's EBIT is $100.4M making its interest coverage ratio 6.3. It has cash and short-term investments of $62.1M.
Key information
62.9%
Debt to equity ratio
US$230.38m
Debt
| Interest coverage ratio | 6.3x |
| Cash | US$62.15m |
| Equity | US$366.36m |
| Total liabilities | US$257.34m |
| Total assets | US$623.70m |
Recent financial health updates
Does Klaveness Combination Carriers (OB:KCC) Have A Healthy Balance Sheet?
Aug 06
Klaveness Combination Carriers (OB:KCC) Has A Somewhat Strained Balance Sheet
Feb 14We Think Klaveness Combination Carriers (OB:KCC) Is Taking Some Risk With Its Debt
Sep 08Does Klaveness Combination Carriers (OB:KCC) Have A Healthy Balance Sheet?
Jan 25Klaveness Combination Carriers (OB:KCC) Has A Somewhat Strained Balance Sheet
Feb 20Recent updates
Does Klaveness Combination Carriers (OB:KCC) Have A Healthy Balance Sheet?
Aug 06We Think Klaveness Combination Carriers ASA's (OB:KCC) CEO Compensation Looks Fair
Apr 17With EPS Growth And More, Klaveness Combination Carriers (OB:KCC) Makes An Interesting Case
Feb 02Klaveness Combination Carriers (OB:KCC) Might Have The Makings Of A Multi-Bagger
Nov 02Party Time: One Broker Just Made Major Increases To Their Klaveness Combination Carriers ASA (OB:KCC) Earnings Forecast
Feb 15Klaveness Combination Carriers (OB:KCC) Has A Somewhat Strained Balance Sheet
Feb 14Klaveness Combination Carriers (OB:KCC) Is Doing The Right Things To Multiply Its Share Price
Nov 05We Think Klaveness Combination Carriers (OB:KCC) Is Taking Some Risk With Its Debt
Sep 08News Flash: Analysts Just Made A Captivating Upgrade To Their Klaveness Combination Carriers ASA (OB:KCC) Forecasts
Aug 11Klaveness Combination Carriers (OB:KCC) Is Doing The Right Things To Multiply Its Share Price
Jul 06Just In: One Analyst Has Become A Lot More Bullish On Klaveness Combination Carriers ASA's (OB:KCC) Earnings
May 06Does Klaveness Combination Carriers (OB:KCC) Have A Healthy Balance Sheet?
Jan 25When Should You Buy Klaveness Combination Carriers ASA (OB:KCC)?
Nov 04Be Wary Of Klaveness Combination Carriers (OB:KCC) And Its Returns On Capital
Sep 28Is Klaveness Combination Carriers ASA (OB:KCC) An Attractive Dividend Stock?
Mar 30I Ran A Stock Scan For Earnings Growth And Klaveness Combination Carriers (OB:KCC) Passed With Ease
Mar 09Klaveness Combination Carriers (OB:KCC) Has A Somewhat Strained Balance Sheet
Feb 20Is Klaveness Combination Carriers ASA's (OB:KCC) 7.3% ROE Better Than Average?
Jan 30Has Klaveness Combination Carriers (OB:KCC) Got What It Takes To Become A Multi-Bagger?
Jan 07Key Things To Consider Before Buying Klaveness Combination Carriers ASA (OB:KCC) For Its Dividend
Dec 15Financial Position Analysis
Short Term Liabilities: KCC's short term assets ($107.2M) exceed its short term liabilities ($66.7M).
Long Term Liabilities: KCC's short term assets ($107.2M) do not cover its long term liabilities ($190.6M).
Debt to Equity History and Analysis
Debt Level: KCC's net debt to equity ratio (45.9%) is considered high.
Reducing Debt: KCC's debt to equity ratio has reduced from 98.1% to 62.9% over the past 5 years.
Debt Coverage: KCC's debt is well covered by operating cash flow (61.2%).
Interest Coverage: KCC's interest payments on its debt are well covered by EBIT (6.3x coverage).