Klingelnberg Balance Sheet Health
Financial Health criteria checks 5/6
Klingelnberg has a total shareholder equity of €125.7M and total debt of €49.5M, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are €286.3M and €160.7M respectively. Klingelnberg's EBIT is €8.7M making its interest coverage ratio -10.6. It has cash and short-term investments of €15.9M.
Key information
39.4%
Debt to equity ratio
€49.49m
Debt
| Interest coverage ratio | -10.6x |
| Cash | €15.88m |
| Equity | €125.68m |
| Total liabilities | €160.65m |
| Total assets | €286.34m |
Financial Position Analysis
Short Term Liabilities: KLIN's short term assets (€211.9M) exceed its short term liabilities (€133.8M).
Long Term Liabilities: KLIN's short term assets (€211.9M) exceed its long term liabilities (€26.9M).
Debt to Equity History and Analysis
Debt Level: KLIN's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: KLIN's debt to equity ratio has increased from 0% to 39.4% over the past 5 years.
Debt Coverage: KLIN's debt is well covered by operating cash flow (42.4%).
Interest Coverage: KLIN earns more interest than it pays, so coverage of interest payments is not a concern.