Landshuter Kunstmuehle Balance Sheet Health
Financial Health criteria checks 5/6
Landshuter Kunstmuehle has a total shareholder equity of €8.2M and total debt of €1.8M, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are €11.5M and €3.3M respectively. Landshuter Kunstmuehle's EBIT is €868.2K making its interest coverage ratio 23.2. It has cash and short-term investments of €1.5M.
Key information
21.8%
Debt to equity ratio
€1.80m
Debt
Interest coverage ratio | 23.2x |
Cash | €1.51m |
Equity | €8.25m |
Total liabilities | €3.28m |
Total assets | €11.53m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LKM's short term assets (€6.1M) exceed its short term liabilities (€688.1K).
Long Term Liabilities: LKM's short term assets (€6.1M) exceed its long term liabilities (€2.6M).
Debt to Equity History and Analysis
Debt Level: LKM's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: LKM's debt to equity ratio has reduced from 43.5% to 21.8% over the past 5 years.
Debt Coverage: Insufficient data to determine if LKM's debt is well covered by operating cash flow.
Interest Coverage: LKM's interest payments on its debt are well covered by EBIT (23.2x coverage).