KION GROUP Balance Sheet Health
Financial Health criteria checks 2/6
KION GROUP has a total shareholder equity of €5.9B and total debt of €6.5B, which brings its debt-to-equity ratio to 109%. Its total assets and total liabilities are €18.0B and €12.0B respectively. KION GROUP's EBIT is €719.8M making its interest coverage ratio 5.7. It has cash and short-term investments of €395.5M.
Key information
109.0%
Debt to equity ratio
€6.46b
Debt
| Interest coverage ratio | 5.7x |
| Cash | €395.50m |
| Equity | €5.92b |
| Total liabilities | €12.04b |
| Total assets | €17.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KGX's short term assets (€5.3B) do not cover its short term liabilities (€5.6B).
Long Term Liabilities: KGX's short term assets (€5.3B) do not cover its long term liabilities (€6.5B).
Debt to Equity History and Analysis
Debt Level: KGX's net debt to equity ratio (102.3%) is considered high.
Reducing Debt: KGX's debt to equity ratio has reduced from 120.1% to 109% over the past 5 years.
Debt Coverage: KGX's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: KGX's interest payments on its debt are well covered by EBIT (5.7x coverage).