KROMI Logistik Balance Sheet Health
Financial Health criteria checks 5/6
KROMI Logistik has a total shareholder equity of €23.0M and total debt of €1.8M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are €36.6M and €13.6M respectively. KROMI Logistik's EBIT is €714.0K making its interest coverage ratio 1.4. It has cash and short-term investments of €1.4M.
Key information
7.8%
Debt to equity ratio
€1.80m
Debt
Interest coverage ratio | 1.4x |
Cash | €1.43m |
Equity | €22.98m |
Total liabilities | €13.64m |
Total assets | €36.62m |
Financial Position Analysis
Short Term Liabilities: K1R's short term assets (€29.9M) exceed its short term liabilities (€11.5M).
Long Term Liabilities: K1R's short term assets (€29.9M) exceed its long term liabilities (€2.1M).
Debt to Equity History and Analysis
Debt Level: K1R's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: K1R's debt to equity ratio has reduced from 48.5% to 7.8% over the past 5 years.
Debt Coverage: K1R's debt is well covered by operating cash flow (223.9%).
Interest Coverage: K1R's interest payments on its debt are not well covered by EBIT (1.4x coverage).