Kenongwo Group US, Inc.

OTCPK:KNGW Stock Report

Market Cap: US$32.6m

Kenongwo Group US Balance Sheet Health

Financial Health criteria checks 5/6

Kenongwo Group US has a total shareholder equity of $2.3M and total debt of $415.2K, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are $4.4M and $2.1M respectively. Kenongwo Group US's EBIT is $1.4M making its interest coverage ratio 46.6. It has cash and short-term investments of $16.7K.

Key information

17.9%

Debt to equity ratio

US$415.18k

Debt

Interest coverage ratio46.6x
CashUS$16.75k
EquityUS$2.32m
Total liabilitiesUS$2.08m
Total assetsUS$4.40m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: KNGW's short term assets ($2.6M) exceed its short term liabilities ($1.7M).

Long Term Liabilities: KNGW's short term assets ($2.6M) exceed its long term liabilities ($415.2K).


Debt to Equity History and Analysis

Debt Level: KNGW's net debt to equity ratio (17.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if KNGW's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: KNGW's debt is well covered by operating cash flow (156%).

Interest Coverage: KNGW's interest payments on its debt are well covered by EBIT (46.6x coverage).


Balance Sheet


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