Kewaunee Scientific Balance Sheet Health
Financial Health criteria checks 5/6
Kewaunee Scientific has a total shareholder equity of $57.5M and total debt of $31.6M, which brings its debt-to-equity ratio to 54.9%. Its total assets and total liabilities are $132.0M and $74.5M respectively. Kewaunee Scientific's EBIT is $12.9M making its interest coverage ratio 7. It has cash and short-term investments of $24.2M.
Key information
54.9%
Debt to equity ratio
US$31.59m
Debt
| Interest coverage ratio | 7x |
| Cash | US$24.21m |
| Equity | US$57.51m |
| Total liabilities | US$74.51m |
| Total assets | US$132.02m |
Recent financial health updates
Kewaunee Scientific (NASDAQ:KEQU) Has A Pretty Healthy Balance Sheet
Jun 19
Kewaunee Scientific (NASDAQ:KEQU) Has A Somewhat Strained Balance Sheet
Mar 10Is Kewaunee Scientific (NASDAQ:KEQU) Weighed On By Its Debt Load?
Apr 12Here's Why Kewaunee Scientific (NASDAQ:KEQU) Can Afford Some Debt
Dec 28
Recent updates
The Excitement Around Kewaunee Scientific Corporation's Business Turnaround Is Dying Out
Sep 24Kewaunee Scientific Corporation (NASDAQ:KEQU) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough
Sep 17With EPS Growth And More, Kewaunee Scientific (NASDAQ:KEQU) Makes An Interesting Case
Sep 10Kewaunee Scientific (NASDAQ:KEQU) Is Doing The Right Things To Multiply Its Share Price
Aug 23Concerns Surrounding Kewaunee Scientific's (NASDAQ:KEQU) Performance
Jul 11Kewaunee Scientific (NASDAQ:KEQU) Has A Pretty Healthy Balance Sheet
Jun 19Even With A 26% Surge, Cautious Investors Are Not Rewarding Kewaunee Scientific Corporation's (NASDAQ:KEQU) Performance Completely
Dec 18Investors Could Be Concerned With Kewaunee Scientific's (NASDAQ:KEQU) Returns On Capital
Jul 02Kewaunee Scientific (NASDAQ:KEQU) Has A Somewhat Strained Balance Sheet
Mar 10Kewaunee Scientific GAAP EPS of -$0.27, revenue of $50.12M
Sep 08Kewaunee Scientific GAAP EPS of -$0.13, revenue of $49.72M
Jun 30Is Kewaunee Scientific (NASDAQ:KEQU) Weighed On By Its Debt Load?
Apr 12Here's Why Kewaunee Scientific (NASDAQ:KEQU) Can Afford Some Debt
Dec 28Kewaunee Scientific reports Q2 results
Dec 09Financial Position Analysis
Short Term Liabilities: KEQU's short term assets ($92.7M) exceed its short term liabilities ($36.7M).
Long Term Liabilities: KEQU's short term assets ($92.7M) exceed its long term liabilities ($37.8M).
Debt to Equity History and Analysis
Debt Level: KEQU's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: KEQU's debt to equity ratio has increased from 29.7% to 54.9% over the past 5 years.
Debt Coverage: KEQU's debt is well covered by operating cash flow (33.6%).
Interest Coverage: KEQU's interest payments on its debt are well covered by EBIT (7x coverage).