Keyware Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Keyware Technologies has a total shareholder equity of €29.8M and total debt of €874.0K, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are €39.2M and €9.4M respectively. Keyware Technologies's EBIT is €1.9M making its interest coverage ratio -2.8. It has cash and short-term investments of €2.8M.
Key information
2.9%
Debt to equity ratio
€874.00k
Debt
| Interest coverage ratio | -2.8x |
| Cash | €2.83m |
| Equity | €29.80m |
| Total liabilities | €9.38m |
| Total assets | €39.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KY3A's short term assets (€14.7M) exceed its short term liabilities (€5.3M).
Long Term Liabilities: KY3A's short term assets (€14.7M) exceed its long term liabilities (€4.0M).
Debt to Equity History and Analysis
Debt Level: KY3A has more cash than its total debt.
Reducing Debt: KY3A's debt to equity ratio has reduced from 23.4% to 2.9% over the past 5 years.
Debt Coverage: KY3A's debt is well covered by operating cash flow (218.2%).
Interest Coverage: KY3A earns more interest than it pays, so coverage of interest payments is not a concern.