Kencana Agri Balance Sheet Health
Financial Health criteria checks 3/6
Kencana Agri has a total shareholder equity of $29.0M and total debt of $188.1M, which brings its debt-to-equity ratio to 648.6%. Its total assets and total liabilities are $285.0M and $256.0M respectively. Kencana Agri's EBIT is $16.2M making its interest coverage ratio 1.2. It has cash and short-term investments of $16.9M.
Key information
648.6%
Debt to equity ratio
US$188.10m
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$16.95m |
| Equity | US$29.00m |
| Total liabilities | US$255.96m |
| Total assets | US$284.96m |
Recent financial health updates
Kencana Agri (SGX:BNE) Takes On Some Risk With Its Use Of Debt
Nov 05
Is Kencana Agri (SGX:BNE) A Risky Investment?
Apr 18Kencana Agri (SGX:BNE) Has A Somewhat Strained Balance Sheet
Oct 10Kencana Agri (SGX:BNE) Has A Somewhat Strained Balance Sheet
Oct 14Is Kencana Agri (SGX:BNE) Using Too Much Debt?
Jun 14Kencana Agri (SGX:BNE) Has A Somewhat Strained Balance Sheet
Feb 27Recent updates
Kencana Agri (SGX:BNE) Takes On Some Risk With Its Use Of Debt
Nov 05Even With A 36% Surge, Cautious Investors Are Not Rewarding Kencana Agri Limited's (SGX:BNE) Performance Completely
Jun 25Kencana Agri's (SGX:BNE) Returns On Capital Are Heading Higher
Jun 10Is Kencana Agri (SGX:BNE) A Risky Investment?
Apr 18Take Care Before Jumping Onto Kencana Agri Limited (SGX:BNE) Even Though It's 26% Cheaper
Mar 14Returns On Capital Are Showing Encouraging Signs At Kencana Agri (SGX:BNE)
Mar 05Investors Still Aren't Entirely Convinced By Kencana Agri Limited's (SGX:BNE) Revenues Despite 33% Price Jump
Jan 29Kencana Agri (SGX:BNE) Shareholders Will Want The ROCE Trajectory To Continue
Dec 01Kencana Agri (SGX:BNE) Has A Somewhat Strained Balance Sheet
Oct 10Kencana Agri (SGX:BNE) Is Doing The Right Things To Multiply Its Share Price
Aug 29Returns On Capital Are Showing Encouraging Signs At Kencana Agri (SGX:BNE)
Apr 06There's Been No Shortage Of Growth Recently For Kencana Agri's (SGX:BNE) Returns On Capital
Nov 17Kencana Agri (SGX:BNE) Has A Somewhat Strained Balance Sheet
Oct 14Kencana Agri's (SGX:BNE) Soft Earnings Are Actually Better Than They Appear
Aug 19Is Kencana Agri (SGX:BNE) Using Too Much Debt?
Jun 14Kencana Agri (SGX:BNE) Has A Somewhat Strained Balance Sheet
Feb 27Kencana Agri (SGX:BNE) Has A Somewhat Strained Balance Sheet
Sep 27Kencana Agri (SGX:BNE) Has A Somewhat Strained Balance Sheet
Jun 25We Think Kencana Agri (SGX:BNE) Is Taking Some Risk With Its Debt
Mar 02Financial Position Analysis
Short Term Liabilities: BNE's short term assets ($88.5M) do not cover its short term liabilities ($99.5M).
Long Term Liabilities: BNE's short term assets ($88.5M) do not cover its long term liabilities ($156.5M).
Debt to Equity History and Analysis
Debt Level: BNE's net debt to equity ratio (590.2%) is considered high.
Reducing Debt: BNE's debt to equity ratio has reduced from 1306.4% to 648.6% over the past 5 years.
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: Whilst unprofitable BNE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BNE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.5% per year.