Konecranes Balance Sheet Health
Financial Health criteria checks 6/6
Konecranes has a total shareholder equity of €1.7B and total debt of €956.7M, which brings its debt-to-equity ratio to 55.2%. Its total assets and total liabilities are €4.7B and €3.0B respectively. Konecranes's EBIT is €517.4M making its interest coverage ratio 21.6. It has cash and short-term investments of €688.0M.
Key information
55.2%
Debt to equity ratio
€956.70m
Debt
| Interest coverage ratio | 21.6x |
| Cash | €688.00m |
| Equity | €1.73b |
| Total liabilities | €2.95b |
| Total assets | €4.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: K34's short term assets (€2.7B) exceed its short term liabilities (€2.1B).
Long Term Liabilities: K34's short term assets (€2.7B) exceed its long term liabilities (€811.0M).
Debt to Equity History and Analysis
Debt Level: K34's net debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: K34's debt to equity ratio has reduced from 58.8% to 55.2% over the past 5 years.
Debt Coverage: K34's debt is well covered by operating cash flow (49.5%).
Interest Coverage: K34's interest payments on its debt are well covered by EBIT (21.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 02:30 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Konecranes Plc is covered by 25 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Johan Eliason | CA Cheuvreux |
| Kristofer Liljeberg-Svensson | Carnegie Investment Bank AB |
| Sebastian Growe | Commerzbank AG |