Klöckner & Co Balance Sheet Health
Financial Health criteria checks 3/6
Klöckner & Co has a total shareholder equity of €2.0B and total debt of €1.0B, which brings its debt-to-equity ratio to 53.3%. Its total assets and total liabilities are €4.2B and €2.3B respectively.
Key information
53.3%
Debt to equity ratio
€1.04b
Debt
| Interest coverage ratio | n/a |
| Cash | €120.94m |
| Equity | €1.95b |
| Total liabilities | €2.26b |
| Total assets | €4.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KCOV's short term assets (€3.0B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: KCOV's short term assets (€3.0B) exceed its long term liabilities (€915.5M).
Debt to Equity History and Analysis
Debt Level: KCOV's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: KCOV's debt to equity ratio has increased from 47.3% to 53.3% over the past 5 years.
Debt Coverage: KCOV's debt is well covered by operating cash flow (35.7%).
Interest Coverage: Insufficient data to determine if KCOV's interest payments on its debt are well covered by EBIT.