Klingelnberg Balance Sheet Health
Financial Health criteria checks 5/6
Klingelnberg has a total shareholder equity of €140.8M and total debt of €43.8M, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are €296.1M and €155.4M respectively. Klingelnberg's EBIT is €24.1M making its interest coverage ratio 9.6. It has cash and short-term investments of €16.5M.
Key information
31.1%
Debt to equity ratio
€43.79m
Debt
| Interest coverage ratio | 9.6x |
| Cash | €16.51m |
| Equity | €140.75m |
| Total liabilities | €155.37m |
| Total assets | €296.12m |
Financial Position Analysis
Short Term Liabilities: KLIN's short term assets (€220.4M) exceed its short term liabilities (€128.2M).
Long Term Liabilities: KLIN's short term assets (€220.4M) exceed its long term liabilities (€27.2M).
Debt to Equity History and Analysis
Debt Level: KLIN's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: KLIN's debt to equity ratio has increased from 4% to 31.1% over the past 5 years.
Debt Coverage: KLIN's debt is well covered by operating cash flow (53.6%).
Interest Coverage: KLIN's interest payments on its debt are well covered by EBIT (9.6x coverage).