Knorr-Bremse Balance Sheet Health
Financial Health criteria checks 6/6
Knorr-Bremse has a total shareholder equity of €2.9B and total debt of €1.5B, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are €8.2B and €5.3B respectively. Knorr-Bremse's EBIT is €886.3M making its interest coverage ratio 12.8. It has cash and short-term investments of €1.3B.
Key information
52.7%
Debt to equity ratio
€1.53b
Debt
| Interest coverage ratio | 12.8x |
| Cash | €1.29b |
| Equity | €2.90b |
| Total liabilities | €5.35b |
| Total assets | €8.25b |
Recent financial health updates
Does Knorr-Bremse (ETR:KBX) Have A Healthy Balance Sheet?
Dec 25
Knorr-Bremse (ETR:KBX) Seems To Use Debt Quite Sensibly
Sep 11Here's Why Knorr-Bremse (ETR:KBX) Can Manage Its Debt Responsibly
Jun 06Here's Why Knorr-Bremse (ETR:KBX) Can Manage Its Debt Responsibly
Mar 02Is Knorr-Bremse (ETR:KBX) Using Too Much Debt?
Nov 25We Think Knorr-Bremse (ETR:KBX) Can Stay On Top Of Its Debt
Aug 19Recent updates
What Is Knorr-Bremse AG's (ETR:KBX) Share Price Doing?
Apr 22Here's What Analysts Are Forecasting For Knorr-Bremse AG (ETR:KBX) After Its Full-Year Results
Mar 26Estimating The Intrinsic Value Of Knorr-Bremse AG (ETR:KBX)
Mar 19Capital Allocation Trends At Knorr-Bremse (ETR:KBX) Aren't Ideal
Feb 18Knorr-Bremse AG's (ETR:KBX) Popularity With Investors Is Under Threat From Overpricing
Jan 21Does Knorr-Bremse (ETR:KBX) Have A Healthy Balance Sheet?
Dec 25Is There An Opportunity With Knorr-Bremse AG's (ETR:KBX) 36% Undervaluation?
Dec 12Returns On Capital At Knorr-Bremse (ETR:KBX) Paint A Concerning Picture
Nov 14Should You Investigate Knorr-Bremse AG (ETR:KBX) At €52.54?
Nov 01Knorr-Bremse (ETR:KBX) Seems To Use Debt Quite Sensibly
Sep 11A Look At The Fair Value Of Knorr-Bremse AG (ETR:KBX)
Jul 30What Is Knorr-Bremse AG's (ETR:KBX) Share Price Doing?
Jul 17Here's Why Knorr-Bremse (ETR:KBX) Can Manage Its Debt Responsibly
Jun 06Returns On Capital Signal Tricky Times Ahead For Knorr-Bremse (ETR:KBX)
May 01Should You Think About Buying Knorr-Bremse AG (ETR:KBX) Now?
Apr 16Here's Why Knorr-Bremse (ETR:KBX) Can Manage Its Debt Responsibly
Mar 02Estimating The Fair Value Of Knorr-Bremse AG (ETR:KBX)
Feb 02Knorr-Bremse (ETR:KBX) Might Be Having Difficulty Using Its Capital Effectively
Jan 18Should You Think About Buying Knorr-Bremse AG (ETR:KBX) Now?
Jan 04Is Knorr-Bremse (ETR:KBX) Using Too Much Debt?
Nov 25Knorr-Bremse Aktiengesellschaft (ETR:KBX) Shares Could Be 43% Below Their Intrinsic Value Estimate
Oct 20Knorr-Bremse (ETR:KBX) May Have Issues Allocating Its Capital
Oct 06Is There Now An Opportunity In Knorr-Bremse Aktiengesellschaft (ETR:KBX)?
Sep 06We Think Knorr-Bremse (ETR:KBX) Can Stay On Top Of Its Debt
Aug 19There Are Reasons To Feel Uneasy About Knorr-Bremse's (ETR:KBX) Returns On Capital
Jun 26Does Knorr-Bremse (ETR:KBX) Have A Healthy Balance Sheet?
May 11Knorr-Bremse (ETR:KBX) Is Reinvesting At Lower Rates Of Return
Mar 16Is Knorr-Bremse (ETR:KBX) Using Too Much Debt?
Feb 07Returns On Capital Signal Tricky Times Ahead For Knorr-Bremse (ETR:KBX)
Dec 13Knorr-Bremse (ETR:KBX) Seems To Use Debt Quite Sensibly
Nov 08Knorr-Bremse Aktiengesellschaft (ETR:KBX) Shares Could Be 21% Above Their Intrinsic Value Estimate
Sep 12Does Knorr-Bremse (ETR:KBX) Have A Healthy Balance Sheet?
Aug 08The Returns On Capital At Knorr-Bremse (ETR:KBX) Don't Inspire Confidence
Jul 20Knorr-Bremse Aktiengesellschaft's (ETR:KBX) Intrinsic Value Is Potentially 18% Below Its Share Price
Jun 03Is Knorr-Bremse (ETR:KBX) A Risky Investment?
May 04Some Investors May Be Willing To Look Past Knorr-Bremse's (ETR:KBX) Soft Earnings
Apr 07Financial Position Analysis
Short Term Liabilities: KBX's short term assets (€4.5B) exceed its short term liabilities (€2.6B).
Long Term Liabilities: KBX's short term assets (€4.5B) exceed its long term liabilities (€2.8B).
Debt to Equity History and Analysis
Debt Level: KBX's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: KBX's debt to equity ratio has reduced from 91.9% to 52.7% over the past 5 years.
Debt Coverage: KBX's debt is well covered by operating cash flow (59.7%).
Interest Coverage: KBX's interest payments on its debt are well covered by EBIT (12.8x coverage).