Karnell Group Balance Sheet Health
Financial Health criteria checks 5/6
Karnell Group has a total shareholder equity of SEK1.0B and total debt of SEK463.7M, which brings its debt-to-equity ratio to 44.3%. Its total assets and total liabilities are SEK2.0B and SEK983.5M respectively. Karnell Group's EBIT is SEK129.4M making its interest coverage ratio 5. It has cash and short-term investments of SEK387.1M.
Key information
44.3%
Debt to equity ratio
SEK 463.70m
Debt
Interest coverage ratio | 5x |
Cash | SEK 387.10m |
Equity | SEK 1.05b |
Total liabilities | SEK 983.50m |
Total assets | SEK 2.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: O4X's short term assets (SEK930.6M) exceed its short term liabilities (SEK397.0M).
Long Term Liabilities: O4X's short term assets (SEK930.6M) exceed its long term liabilities (SEK586.5M).
Debt to Equity History and Analysis
Debt Level: O4X's net debt to equity ratio (7.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if O4X's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: O4X's debt is well covered by operating cash flow (29.6%).
Interest Coverage: O4X's interest payments on its debt are well covered by EBIT (5x coverage).