Kingstone Companies Balance Sheet Health
Financial Health criteria checks 4/6
Kingstone Companies has a total shareholder equity of $59.7M and total debt of $17.3M, which brings its debt-to-equity ratio to 29%. Its total assets and total liabilities are $347.0M and $287.3M respectively. Kingstone Companies's EBIT is $24.4M making its interest coverage ratio 6.3. It has cash and short-term investments of $33.8M.
Key information
29.0%
Debt to equity ratio
US$17.30m
Debt
| Interest coverage ratio | 6.3x |
| Cash | US$33.76m |
| Equity | US$59.67m |
| Total liabilities | US$287.32m |
| Total assets | US$346.99m |
Recent financial health updates
Recent updates
Revenues Tell The Story For Kingstone Companies, Inc. (NASDAQ:KINS) As Its Stock Soars 31%
Nov 07
Investors Still Aren't Entirely Convinced By Kingstone Companies, Inc.'s (NASDAQ:KINS) Revenues Despite 27% Price Jump
Jul 24Kingstone Companies, Inc.'s (NASDAQ:KINS) Price Is Right But Growth Is Lacking
May 07Kingstone goes ex-dividend today
Aug 30Kingstone Companies (NASDAQ:KINS) Has Affirmed Its Dividend Of US$0.04
Feb 05Kingstone Companies (NASDAQ:KINS) Will Pay A Dividend Of US$0.04
Nov 16Kingstone declares $0.04 dividend
May 03Industry Analysts Just Upgraded Their Kingstone Companies, Inc. (NASDAQ:KINS) Revenue Forecasts By 14%
Mar 23Don't Race Out To Buy Kingstone Companies, Inc. (NASDAQ:KINS) Just Because It's Going Ex-Dividend
Feb 20
Kingstone declares $0.04 dividend
Feb 01Kingstone terminates personal lines quota share for 2021
Jan 14Are Dividend Investors Making A Mistake With Kingstone Companies, Inc. (NASDAQ:KINS)?
Jan 09Kingstone goes ex-dividend on Friday
Nov 25Kingstone beats on revenue
Nov 06Financial Position Analysis
Short Term Liabilities: KINS's short term assets ($117.1M) do not cover its short term liabilities ($153.2M).
Long Term Liabilities: KINS's short term assets ($117.1M) do not cover its long term liabilities ($134.1M).
Debt to Equity History and Analysis
Debt Level: KINS has more cash than its total debt.
Reducing Debt: KINS's debt to equity ratio has reduced from 33.9% to 29% over the past 5 years.
Debt Coverage: KINS's debt is well covered by operating cash flow (227.7%).
Interest Coverage: KINS's interest payments on its debt are well covered by EBIT (6.3x coverage).