Krones Balance Sheet Health
Financial Health criteria checks 6/6
Krones has a total shareholder equity of €1.8B and total debt of €3.2M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are €4.6B and €2.8B respectively. Krones's EBIT is €365.5M making its interest coverage ratio -42. It has cash and short-term investments of €294.3M.
Key information
0.2%
Debt to equity ratio
€3.20m
Debt
Interest coverage ratio | -42x |
Cash | €294.30m |
Equity | €1.77b |
Total liabilities | €2.83b |
Total assets | €4.61b |
Recent financial health updates
Is Krones (ETR:KRN) Using Too Much Debt?
Jul 27Is Krones (ETR:KRN) A Risky Investment?
Apr 16We Think Krones (ETR:KRN) Can Manage Its Debt With Ease
Jan 04Is Krones (ETR:KRN) A Risky Investment?
Sep 21Does Krones (ETR:KRN) Have A Healthy Balance Sheet?
Apr 27Krones (ETR:KRN) Has A Rock Solid Balance Sheet
Dec 20Recent updates
Here's Why We Think Krones (ETR:KRN) Might Deserve Your Attention Today
Aug 22Is Krones (ETR:KRN) Using Too Much Debt?
Jul 27Krones' (ETR:KRN) Returns On Capital Are Heading Higher
Jul 13Not Many Are Piling Into Krones AG (ETR:KRN) Just Yet
Jun 12We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Krones AG's (ETR:KRN) CEO For Now
May 29Is There Now An Opportunity In Krones AG (ETR:KRN)?
May 22Here's What Analysts Are Forecasting For Krones AG (ETR:KRN) After Its First-Quarter Results
May 08Is Krones (ETR:KRN) A Risky Investment?
Apr 16Krones (ETR:KRN) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Mar 30Analysts Have Made A Financial Statement On Krones AG's (ETR:KRN) Full-Year Report
Mar 28Here's Why We Think Krones (ETR:KRN) Might Deserve Your Attention Today
Mar 13Investors Interested In Krones AG's (ETR:KRN) Earnings
Feb 13Krones AG (ETR:KRN) Shares Could Be 49% Below Their Intrinsic Value Estimate
Jan 31We Think Krones (ETR:KRN) Can Manage Its Debt With Ease
Jan 04Is Krones AG (ETR:KRN) Potentially Undervalued?
Dec 18With EPS Growth And More, Krones (ETR:KRN) Makes An Interesting Case
Nov 20Investors Shouldn't Overlook Krones' (ETR:KRN) Impressive Returns On Capital
Nov 06Is Krones (ETR:KRN) A Risky Investment?
Sep 21Is There Now An Opportunity In Krones AG (ETR:KRN)?
Aug 31We Ran A Stock Scan For Earnings Growth And Krones (ETR:KRN) Passed With Ease
Jul 22Returns On Capital At Krones (ETR:KRN) Have Stalled
Jul 10Is Krones AG (ETR:KRN) Trading At A 39% Discount?
Jun 16At €111, Is Krones AG (ETR:KRN) Worth Looking At Closely?
May 10Does Krones (ETR:KRN) Have A Healthy Balance Sheet?
Apr 27Here's Why We Think Krones (ETR:KRN) Is Well Worth Watching
Apr 13Returns On Capital Signal Tricky Times Ahead For Krones (ETR:KRN)
Mar 30When Should You Buy Krones AG (ETR:KRN)?
Feb 06Estimating The Intrinsic Value Of Krones AG (ETR:KRN)
Jan 05Krones (ETR:KRN) Has A Rock Solid Balance Sheet
Dec 20Krones (ETR:KRN) Could Be Struggling To Allocate Capital
Dec 05Is There Now An Opportunity In Krones AG (ETR:KRN)?
Nov 01Some Investors May Be Worried About Krones' (ETR:KRN) Returns On Capital
Sep 05Krones (ETR:KRN) Seems To Use Debt Rather Sparingly
Aug 18Is There Now An Opportunity In Krones AG (ETR:KRN)?
Jul 31Krones (ETR:KRN) Will Be Hoping To Turn Its Returns On Capital Around
Feb 25Krones (ETR:KRN) Seems To Use Debt Rather Sparingly
Dec 11Is It Time To Consider Buying Krones AG (ETR:KRN)?
Nov 18Capital Allocation Trends At Krones (ETR:KRN) Aren't Ideal
Oct 28Krones (ETR:KRN) Has A Pretty Healthy Balance Sheet
Aug 23Krones AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 05Is There An Opportunity With Krones AG's (ETR:KRN) 23% Undervaluation?
Jul 23Is Now An Opportune Moment To Examine Krones AG (ETR:KRN)?
Jul 05Financial Position Analysis
Short Term Liabilities: KRN's short term assets (€3.1B) exceed its short term liabilities (€2.4B).
Long Term Liabilities: KRN's short term assets (€3.1B) exceed its long term liabilities (€425.6M).
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 17.8% to 0.2% over the past 5 years.
Debt Coverage: KRN's debt is well covered by operating cash flow (12738.2%).
Interest Coverage: KRN earns more interest than it pays, so coverage of interest payments is not a concern.