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 ratio | 46.6x |
| Cash | US$16.75k |
| Equity | US$2.32m |
| Total liabilities | US$2.08m |
| Total assets | US$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).