Kendrion Balance Sheet Health
Financial Health criteria checks 3/6
Kendrion has a total shareholder equity of €173.2M and total debt of €156.8M, which brings its debt-to-equity ratio to 90.5%. Its total assets and total liabilities are €457.8M and €284.6M respectively. Kendrion's EBIT is €19.1M making its interest coverage ratio 2.5. It has cash and short-term investments of €12.1M.
Key information
90.5%
Debt to equity ratio
€156.80m
Debt
| Interest coverage ratio | 2.5x |
| Cash | €12.10m |
| Equity | €173.20m |
| Total liabilities | €284.60m |
| Total assets | €457.80m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: K3E's short term assets (€223.2M) exceed its short term liabilities (€115.5M).
Long Term Liabilities: K3E's short term assets (€223.2M) exceed its long term liabilities (€169.1M).
Debt to Equity History and Analysis
Debt Level: K3E's net debt to equity ratio (83.5%) is considered high.
Reducing Debt: K3E's debt to equity ratio has increased from 58.4% to 90.5% over the past 5 years.
Debt Coverage: K3E's debt is well covered by operating cash flow (28.7%).
Interest Coverage: K3E's interest payments on its debt are not well covered by EBIT (2.5x coverage).