Karnell Group Balance Sheet Health
Financial Health criteria checks 5/6
Karnell Group has a total shareholder equity of SEK1.1B and total debt of SEK463.8M, which brings its debt-to-equity ratio to 41.4%. Its total assets and total liabilities are SEK2.2B and SEK1.1B respectively. Karnell Group's EBIT is SEK149.2M making its interest coverage ratio 5.5. It has cash and short-term investments of SEK241.3M.
Key information
41.4%
Debt to equity ratio
SEK 463.80m
Debt
| Interest coverage ratio | 5.5x |
| Cash | SEK 241.30m |
| Equity | SEK 1.12b |
| Total liabilities | SEK 1.06b |
| Total assets | SEK 2.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: O4X's short term assets (SEK838.6M) exceed its short term liabilities (SEK375.8M).
Long Term Liabilities: O4X's short term assets (SEK838.6M) exceed its long term liabilities (SEK684.2M).
Debt to Equity History and Analysis
Debt Level: O4X's net debt to equity ratio (19.8%) 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 (113.8%).
Interest Coverage: O4X's interest payments on its debt are well covered by EBIT (5.5x coverage).