Kongsberg Gruppen Balance Sheet Health
Financial Health criteria checks 6/6
Kongsberg Gruppen has a total shareholder equity of NOK16.5B and total debt of NOK3.0B, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are NOK53.2B and NOK36.8B respectively. Kongsberg Gruppen's EBIT is NOK4.6B making its interest coverage ratio 21.2. It has cash and short-term investments of NOK6.0B.
Key information
18.2%
Debt to equity ratio
kr3.00b
Debt
| Interest coverage ratio | 21.2x |
| Cash | kr5.98b |
| Equity | kr16.47b |
| Total liabilities | kr36.76b |
| Total assets | kr53.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KOZ's short term assets (NOK34.9B) exceed its short term liabilities (NOK30.7B).
Long Term Liabilities: KOZ's short term assets (NOK34.9B) exceed its long term liabilities (NOK6.1B).
Debt to Equity History and Analysis
Debt Level: KOZ has more cash than its total debt.
Reducing Debt: KOZ's debt to equity ratio has reduced from 34.3% to 18.2% over the past 5 years.
Debt Coverage: KOZ's debt is well covered by operating cash flow (194.2%).
Interest Coverage: KOZ's interest payments on its debt are well covered by EBIT (21.2x coverage).