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 €6.1B, which brings its debt-to-equity ratio to 102.4%. Its total assets and total liabilities are €17.7B and €11.8B respectively. KION GROUP's EBIT is €702.6M making its interest coverage ratio 6. It has cash and short-term investments of €251.4M.
Key information
102.4%
Debt to equity ratio
€6.09b
Debt
Interest coverage ratio | 6x |
Cash | €251.40m |
Equity | €5.95b |
Total liabilities | €11.78b |
Total assets | €17.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KGX's short term assets (€5.4B) exceed its short term liabilities (€5.0B).
Long Term Liabilities: KGX's short term assets (€5.4B) do not cover its long term liabilities (€6.8B).
Debt to Equity History and Analysis
Debt Level: KGX's net debt to equity ratio (98.1%) is considered high.
Reducing Debt: KGX's debt to equity ratio has increased from 98.4% to 102.4% over the past 5 years.
Debt Coverage: KGX's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: KGX's interest payments on its debt are well covered by EBIT (6x coverage).