Kesko Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Kesko Oyj has a total shareholder equity of €2.6B and total debt of €1.1B, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are €8.2B and €5.6B respectively. Kesko Oyj's EBIT is €589.4M making its interest coverage ratio 5.4. It has cash and short-term investments of €219.9M.
Key information
40.7%
Debt to equity ratio
€1.08b
Debt
| Interest coverage ratio | 5.4x |
| Cash | €219.90m |
| Equity | €2.64b |
| Total liabilities | €5.59b |
| Total assets | €8.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KEK's short term assets (€2.7B) do not cover its short term liabilities (€3.1B).
Long Term Liabilities: KEK's short term assets (€2.7B) exceed its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: KEK's net debt to equity ratio (32.4%) is considered satisfactory.
Reducing Debt: KEK's debt to equity ratio has increased from 30.9% to 40.7% over the past 5 years.
Debt Coverage: KEK's debt is well covered by operating cash flow (97.6%).
Interest Coverage: KEK's interest payments on its debt are well covered by EBIT (5.4x coverage).