KAP Balance Sheet Health
Financial Health criteria checks 3/6
KAP has a total shareholder equity of ZAR12.8B and total debt of ZAR9.4B, which brings its debt-to-equity ratio to 73.7%. Its total assets and total liabilities are ZAR31.1B and ZAR18.3B respectively. KAP's EBIT is ZAR1.9B making its interest coverage ratio 2.4. It has cash and short-term investments of ZAR1.4B.
Key information
73.7%
Debt to equity ratio
R9.42b
Debt
| Interest coverage ratio | 2.4x |
| Cash | R1.45b |
| Equity | R12.78b |
| Total liabilities | R18.32b |
| Total assets | R31.10b |
Recent financial health updates
Is KAP (JSE:KAP) Using Too Much Debt?
Mar 02
We Think KAP Industrial Holdings (JSE:KAP) Is Taking Some Risk With Its Debt
Oct 26KAP Industrial Holdings (JSE:KAP) Has A Somewhat Strained Balance Sheet
Mar 06Recent updates
KAP's (JSE:KAP) Profits May Not Reveal Underlying Issues
Sep 08Is KAP (JSE:KAP) Using Too Much Debt?
Mar 02Investors Interested In KAP Limited's (JSE:KAP) Revenues
Dec 26Should You Investigate KAP Limited (JSE:KAP) At R2.43?
Dec 11Shareholders Will Probably Hold Off On Increasing KAP Limited's (JSE:KAP) CEO Compensation For The Time Being
Nov 15KAP's (JSE:KAP) Soft Earnings Are Actually Better Than They Appear
Sep 06What Does KAP Limited's (JSE:KAP) Share Price Indicate?
Jun 06Fewer Investors Than Expected Jumping On KAP Industrial Holdings Limited (JSE:KAP)
Feb 24We Think KAP Industrial Holdings (JSE:KAP) Is Taking Some Risk With Its Debt
Oct 26KAP Industrial Holdings (JSE:KAP) Has More To Do To Multiply In Value Going Forward
Jul 15Is KAP Industrial Holdings Limited (JSE:KAP) Worth R4.9 Based On Its Intrinsic Value?
Apr 28Here's What To Make Of KAP Industrial Holdings' (JSE:KAP) Decelerating Rates Of Return
Mar 23KAP Industrial Holdings (JSE:KAP) Has A Somewhat Strained Balance Sheet
Mar 06Calculating The Intrinsic Value Of KAP Industrial Holdings Limited (JSE:KAP)
Dec 11This Is Why Shareholders May Want To Hold Back On A Pay Rise For KAP Industrial Holdings Limited's (JSE:KAP) CEO
Nov 11Is KAP Industrial Holdings Limited (JSE:KAP) Potentially Undervalued?
Oct 18Financial Position Analysis
Short Term Liabilities: KAP's short term assets (ZAR10.3B) exceed its short term liabilities (ZAR8.8B).
Long Term Liabilities: KAP's short term assets (ZAR10.3B) exceed its long term liabilities (ZAR9.5B).
Debt to Equity History and Analysis
Debt Level: KAP's net debt to equity ratio (62.4%) is considered high.
Reducing Debt: KAP's debt to equity ratio has increased from 48.4% to 73.7% over the past 5 years.
Debt Coverage: KAP's debt is well covered by operating cash flow (23.1%).
Interest Coverage: KAP's interest payments on its debt are not well covered by EBIT (2.4x coverage).