Kindred Group Balance Sheet Health
Financial Health criteria checks 5/6
Kindred Group has a total shareholder equity of £531.2M and total debt of £116.5M, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are £1.2B and £623.7M respectively. Kindred Group's EBIT is £143.8M making its interest coverage ratio 15.5. It has cash and short-term investments of £232.6M.
Key information
21.9%
Debt to equity ratio
UK£116.50m
Debt
Interest coverage ratio | 15.5x |
Cash | UK£232.60m |
Equity | UK£531.20m |
Total liabilities | UK£623.70m |
Total assets | UK£1.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KNDG.F's short term assets (£359.4M) do not cover its short term liabilities (£456.7M).
Long Term Liabilities: KNDG.F's short term assets (£359.4M) exceed its long term liabilities (£167.0M).
Debt to Equity History and Analysis
Debt Level: KNDG.F has more cash than its total debt.
Reducing Debt: KNDG.F's debt to equity ratio has reduced from 49.1% to 21.9% over the past 5 years.
Debt Coverage: KNDG.F's debt is well covered by operating cash flow (138.5%).
Interest Coverage: KNDG.F's interest payments on its debt are well covered by EBIT (15.5x coverage).