Kontoor Brands Balance Sheet Health
Financial Health criteria checks 4/6
Kontoor Brands has a total shareholder equity of $371.9M and total debt of $783.9M, which brings its debt-to-equity ratio to 210.8%. Its total assets and total liabilities are $1.6B and $1.3B respectively. Kontoor Brands's EBIT is $330.8M making its interest coverage ratio 9. It has cash and short-term investments of $215.1M.
Key information
210.8%
Debt to equity ratio
US$783.92m
Debt
| Interest coverage ratio | 9x |
| Cash | US$215.05m |
| Equity | US$371.91m |
| Total liabilities | US$1.27b |
| Total assets | US$1.65b |
Recent financial health updates
Kontoor Brands (NYSE:KTB) Seems To Use Debt Quite Sensibly
Oct 18
We Think Kontoor Brands (NYSE:KTB) Can Stay On Top Of Its Debt
Jul 19We Think Kontoor Brands (NYSE:KTB) Can Stay On Top Of Its Debt
Jan 27We Think Kontoor Brands (NYSE:KTB) Can Stay On Top Of Its Debt
Aug 29Recent updates
Kontoor Brands: Doing The Right Things But I Am Waiting For Lower Prices
Apr 13Kontoor Brands, Inc.'s (NYSE:KTB) CEO Will Probably Find It Hard To See A Huge Raise This Year
Apr 12Investors Should Be Encouraged By Kontoor Brands' (NYSE:KTB) Returns On Capital
Apr 02Kontoor Brands: Difficult Environment
Mar 25Kontoor Brands, Inc. (NYSE:KTB) Might Not Be As Mispriced As It Looks
Feb 28When Should You Buy Kontoor Brands, Inc. (NYSE:KTB)?
Jan 17Kontoor Brands: Sustainable Post-Spinoff Improvements Are Showing
Jan 15Why The 27% Return On Capital At Kontoor Brands (NYSE:KTB) Should Have Your Attention
Jan 02Are Investors Undervaluing Kontoor Brands, Inc. (NYSE:KTB) By 24%?
Dec 15Kontoor Brands (NYSE:KTB) Has Announced That It Will Be Increasing Its Dividend To $0.50
Nov 13Kontoor Brands Is On Watch Heading Into Earnings
Oct 31Kontoor Brands' (NYSE:KTB) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 30Kontoor Brands (NYSE:KTB) Seems To Use Debt Quite Sensibly
Oct 18At US$43.91, Is Kontoor Brands, Inc. (NYSE:KTB) Worth Looking At Closely?
Sep 30Kontoor Brands, Inc.'s (NYSE:KTB) Intrinsic Value Is Potentially 39% Above Its Share Price
Sep 15Kontoor Brands Stock: Weak Growth Keeps Us On The Sidelines
Aug 22We Think Kontoor Brands (NYSE:KTB) Might Have The DNA Of A Multi-Bagger
Aug 15Does Kontoor Brands (NYSE:KTB) Deserve A Spot On Your Watchlist?
Jul 31We Think Kontoor Brands (NYSE:KTB) Can Stay On Top Of Its Debt
Jul 19What Is Kontoor Brands, Inc.'s (NYSE:KTB) Share Price Doing?
Jun 24Kontoor Brands: Concentration And Margin Risk
Jun 08Estimating The Intrinsic Value Of Kontoor Brands, Inc. (NYSE:KTB)
Jun 07Kontoor Brands' (NYSE:KTB) Dividend Will Be Increased To $0.48
Apr 24Investors Should Be Encouraged By Kontoor Brands' (NYSE:KTB) Returns On Capital
Apr 22Why Kontoor Brands, Inc. (NYSE:KTB) Could Be Worth Watching
Mar 23Calculating The Fair Value Of Kontoor Brands, Inc. (NYSE:KTB)
Feb 27Kontoor Brands declares $0.48 dividend
Feb 22Kontoor Brands: A Working Capital Story
Jan 27We Think Kontoor Brands (NYSE:KTB) Can Stay On Top Of Its Debt
Jan 27Do Kontoor Brands' (NYSE:KTB) Earnings Warrant Your Attention?
Jan 06The Trend Of High Returns At Kontoor Brands (NYSE:KTB) Has Us Very Interested
Dec 21Kontoor Brands (NYSE:KTB) Has Announced That It Will Be Increasing Its Dividend To $0.48
Nov 21Kontoor Brands: Additional Upside Is Likely Warranted
Nov 15Kontoor Brands' (NYSE:KTB) Dividend Will Be Increased To $0.48
Nov 04Kontoor Brands Q3 2022 Earnings Preview
Nov 02Kontoor Brands raises dividend by 4% to $0.48
Oct 24Why Kontoor Brands, Inc. (NYSE:KTB) Could Be Worth Watching
Oct 02Is Now The Time To Put Kontoor Brands (NYSE:KTB) On Your Watchlist?
Sep 13Kontoor Brands: Still An Attractive Play In Clothing
Aug 31We Think Kontoor Brands (NYSE:KTB) Can Stay On Top Of Its Debt
Aug 29Financial Position Analysis
Short Term Liabilities: KTB's short term assets ($1.0B) exceed its short term liabilities ($392.6M).
Long Term Liabilities: KTB's short term assets ($1.0B) exceed its long term liabilities ($880.9M).
Debt to Equity History and Analysis
Debt Level: KTB's net debt to equity ratio (153%) is considered high.
Reducing Debt: KTB's debt to equity ratio has increased from 15.9% to 210.8% over the past 5 years.
Debt Coverage: KTB's debt is well covered by operating cash flow (45.5%).
Interest Coverage: KTB's interest payments on its debt are well covered by EBIT (9x coverage).