What is the debt of K-Bro Linen this year?
K-Bro Linen has a debt level of 117.69 CAD this year.
K-Bro Linen Debt 2024
K-Bro Linen Debt
117.69 CAD
Ticker
KBL.TO
ISIN
CA48243M1077
WKN
A1JA91
In 2024, K-Bro Linen's total debt was 117.69 CAD, a 22.35% change from the 96.19 CAD total debt recorded in the previous year.
K-Bro Linen Aktienanalyse
What does K-Bro Linen do?
K-Bro Linen is a leading Canadian provider of laundry services for various industries. The company was founded in 1954 when it signed a major contract with a hospital in the province of Alberta. Over the years, the company expanded and acquired additional contracts in Canada and the USA. Today, K-Bro Linen Inc is listed on the Toronto Stock Exchange and employs over 2700 employees throughout North America. K-Bro Linen's business model is based on the rental and cleaning of various types of textiles, such as bedding, towels, workwear, and specialized clothing for the healthcare and hotel industry. The company specializes in meeting the needs of hospitals, care facilities, hotels, restaurants, and casinos. K-Bro Linen emphasizes sustainable production and highlights the importance of environmentally friendly products and services. K-Bro Linen is divided into two business segments. The first segment focuses on healthcare, serving hospitals, medical practices, and care facilities. The company provides cleaning services for bedding, towels, hospital clothing, and medical protective equipment. The second segment focuses on the hospitality industry, serving hotels, restaurants, and casinos. K-Bro Linen offers a wide range of services, including cleaning and delivery of bedding, towels, and table linens. K-Bro Linen also handles specialty textiles and workwear. The company offers cleaning and maintenance services for uniforms and protective work clothing in various industries, such as construction, the chemical industry, or the oil and gas industry. In addition to rental and cleaning services, K-Bro Linen also offers additional services. This includes laundry delivery, management, and storage, as well as inventory management systems for bedding and clothing. The company utilizes state-of-the-art technologies, such as automated clothing dispensing systems, to provide customers with efficient and user-friendly services. The company presents itself as a leading provider of textile services in North America. Customers appreciate the high standards of quality and service that K-Bro Linen adheres to. The company also emphasizes the importance of sustainable and environmentally friendly laundry services and continuously works towards making its processes and products as sustainable as possible. Overall, K-Bro Linen is an established and successful provider of laundry services in North America. The company specializes in meeting the needs of various industries and offers a wide range of services. K-Bro Linen places great importance on quality, service, and sustainability. K-Bro Linen ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding K-Bro Linen's Debt Structure
K-Bro Linen's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing K-Bro Linen's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to K-Bro Linen’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in K-Bro Linen’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about K-Bro Linen stock
What was the debt of K-Bro Linen compared to the previous year?
The debt of K-Bro Linen has increased by 22.35% compared to the previous year increased.
What are the consequences of high debt for investors in K-Bro Linen?
High debt can pose a risk for investors of K-Bro Linen, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of K-Bro Linen?
Low debt means that K-Bro Linen has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from K-Bro Linen affect the company?
An increase in debt of K-Bro Linen can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of K-Bro Linen affect the company?
A reduction in debt of K-Bro Linen can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of K-Bro Linen?
Some factors that can influence the debt of K-Bro Linen include investments, acquisitions, operating costs, and revenue development.
Why are the debts of K-Bro Linen so important for investors?
The debts of K-Bro Linen are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can K-Bro Linen take to change the debt?
To change the debt, K-Bro Linen can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does K-Bro Linen pay?
Over the past 12 months, K-Bro Linen paid a dividend of 1.2 CAD . This corresponds to a dividend yield of about 3.51 %. For the coming 12 months, K-Bro Linen is expected to pay a dividend of 1.15 CAD.
What is the dividend yield of K-Bro Linen?
The current dividend yield of K-Bro Linen is 3.51 %.
When does K-Bro Linen pay dividends?
K-Bro Linen pays a quarterly dividend. This is distributed in the months of September, October, October, November.
How secure is the dividend of K-Bro Linen?
K-Bro Linen paid dividends every year for the past 23 years.
What is the dividend of K-Bro Linen?
For the upcoming 12 months, dividends amounting to 1.15 CAD are expected. This corresponds to a dividend yield of 3.36 %.
In which sector is K-Bro Linen located?
K-Bro Linen is assigned to the 'Industry' sector.
Wann musste ich die Aktien von K-Bro Linen kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of K-Bro Linen from 11/15/2024 amounting to 0.1 CAD, you needed to have the stock in your portfolio before the ex-date on 10/31/2024.
When did K-Bro Linen pay the last dividend?
The last dividend was paid out on 11/15/2024.
What was the dividend of K-Bro Linen in the year 2023?
In the year 2023, K-Bro Linen distributed 1.2 CAD as dividends.
In which currency does K-Bro Linen pay out the dividend?
The dividends of K-Bro Linen are distributed in CAD.
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Andere Kennzahlen von K-Bro Linen
Our stock analysis for K-Bro Linen Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of K-Bro Linen Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
