K+S Balance Sheet Health
Financial Health criteria checks 6/6
K+S has a total shareholder equity of €6.6B and total debt of €314.2M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are €9.4B and €2.7B respectively. K+S's EBIT is €996.1M making its interest coverage ratio -28.5. It has cash and short-term investments of €754.7M.
Key information
4.7%
Debt to equity ratio
€314.20m
Debt
Interest coverage ratio | -28.5x |
Cash | €754.70m |
Equity | €6.64b |
Total liabilities | €2.73b |
Total assets | €9.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SDF1's short term assets (€2.4B) exceed its short term liabilities (€1.1B).
Long Term Liabilities: SDF1's short term assets (€2.4B) exceed its long term liabilities (€1.7B).
Debt to Equity History and Analysis
Debt Level: SDF1 has more cash than its total debt.
Reducing Debt: SDF1's debt to equity ratio has reduced from 85.1% to 4.7% over the past 5 years.
Debt Coverage: SDF1's debt is well covered by operating cash flow (288.9%).
Interest Coverage: SDF1 earns more interest than it pays, so coverage of interest payments is not a concern.