Krones Financial Health
How is Krones's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: KRN's short term assets (€2.6B) exceed its short term liabilities (€1.9B).
Long Term Liabilities: KRN's short term assets (€2.6B) exceed its long term liabilities (€371.9M).
Debt to Equity History and Analysis
Debt Level: KRN has more cash than its total debt.
Reducing Debt: KRN's debt to equity ratio has reduced from 2.5% to 0.3% over the past 5 years.
Debt Coverage: KRN's debt is well covered by operating cash flow (7118.7%).
Interest Coverage: KRN earns more interest than it pays, so coverage of interest payments is not a concern.