KFS

Kingsway Financial Services Inc. (KFS) ESG Analysis Analysis (2026)

Invetso Score: 5/10 — Balanced · Last Updated: 2026-08-01

Overall Score

Environmental

No R&D intensity is reported, suggesting limited visible environmental innovation spend in the latest metrics.

Capex remains low relative to revenue, which may limit near-term environmental investment capacity.

Social

SG&A remains elevated at 43.2% of revenue, indicating a meaningful ongoing operating cost base tied to people and service delivery.

No recent news indicates a material change in labor, customer, or community-related ESG exposure.

Governance

Leverage remains elevated with net debt to EBITDA at 2.31x, which constrains financial flexibility.

Liquidity is weak with a current ratio of 0.87x and negative working capital, increasing balance-sheet risk.

Profitability remains negative, with ROE at -28.6% and net margin at -4.9%, which weighs on governance quality and capital allocation effectiveness.

Sources

  • Company filings (10-K, 10-Q, investor presentations)
  • Financial and market data providers
  • Public news and industry information

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