Kewaunee Scientific Balance Sheet Health
Financial Health criteria checks 5/6
Kewaunee Scientific has a total shareholder equity of $56.2M and total debt of $31.2M, which brings its debt-to-equity ratio to 55.6%. Its total assets and total liabilities are $134.8M and $78.6M respectively. Kewaunee Scientific's EBIT is $14.1M making its interest coverage ratio 7.8. It has cash and short-term investments of $23.3M.
Key information
55.6%
Debt to equity ratio
US$31.23m
Debt
| Interest coverage ratio | 7.8x |
| Cash | US$23.27m |
| Equity | US$56.21m |
| Total liabilities | US$78.56m |
| Total assets | US$134.77m |
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
Kewaunee 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 ($96.8M) exceed its short term liabilities ($40.8M).
Long Term Liabilities: KEQU's short term assets ($96.8M) exceed its long term liabilities ($37.8M).
Debt to Equity History and Analysis
Debt Level: KEQU's net debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: KEQU's debt to equity ratio has increased from 22.6% to 55.6% over the past 5 years.
Debt Coverage: KEQU's debt is well covered by operating cash flow (62.6%).
Interest Coverage: KEQU's interest payments on its debt are well covered by EBIT (7.8x coverage).