Kolibri Global Energy Balance Sheet Health
Financial Health criteria checks 4/6
Kolibri Global Energy has a total shareholder equity of $183.9M and total debt of $30.7M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are $237.4M and $53.6M respectively. Kolibri Global Energy's EBIT is $28.3M making its interest coverage ratio 8.3. It has cash and short-term investments of $2.5M.
Key information
16.7%
Debt to equity ratio
US$30.71m
Debt
| Interest coverage ratio | 8.3x |
| Cash | US$2.50m |
| Equity | US$183.86m |
| Total liabilities | US$53.58m |
| Total assets | US$237.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KGEI's short term assets ($8.8M) do not cover its short term liabilities ($13.1M).
Long Term Liabilities: KGEI's short term assets ($8.8M) do not cover its long term liabilities ($40.5M).
Debt to Equity History and Analysis
Debt Level: KGEI's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: KGEI's debt to equity ratio has reduced from 21.3% to 16.7% over the past 5 years.
Debt Coverage: KGEI's debt is well covered by operating cash flow (126.2%).
Interest Coverage: KGEI's interest payments on its debt are well covered by EBIT (8.3x coverage).