Kencana Agri Balance Sheet Health
Financial Health criteria checks 3/6
Kencana Agri has a total shareholder equity of $30.6M and total debt of $185.3M, which brings its debt-to-equity ratio to 606.1%. Its total assets and total liabilities are $293.3M and $262.7M respectively. Kencana Agri's EBIT is $8.8M making its interest coverage ratio 0.6. It has cash and short-term investments of $16.7M.
Key information
606.1%
Debt to equity ratio
US$185.35m
Debt
| Interest coverage ratio | 0.6x |
| Cash | US$16.68m |
| Equity | US$30.58m |
| Total liabilities | US$262.68m |
| Total assets | US$293.26m |
Recent financial health updates
Is Kencana Agri (SGX:BNE) A Risky Investment?
Apr 18
Kencana 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 27Kencana Agri (SGX:BNE) Has A Somewhat Strained Balance Sheet
Sep 27Recent updates
Is 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 ($82.4M) do not cover its short term liabilities ($104.4M).
Long Term Liabilities: BNE's short term assets ($82.4M) do not cover its long term liabilities ($158.3M).
Debt to Equity History and Analysis
Debt Level: BNE's net debt to equity ratio (551.6%) is considered high.
Reducing Debt: BNE's debt to equity ratio has reduced from 1224.8% to 606.1% 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 12.5% per year.