K+S Balance Sheet Health
Financial Health criteria checks 6/6
K+S has a total shareholder equity of €6.5B and total debt of €383.0M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are €9.5B and €3.0B respectively. K+S's EBIT is €364.9M making its interest coverage ratio 11.9. It has cash and short-term investments of €506.3M.
Key information
5.9%
Debt to equity ratio
€383.00m
Debt
Interest coverage ratio | 11.9x |
Cash | €506.30m |
Equity | €6.50b |
Total liabilities | €2.97b |
Total assets | €9.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SDF's short term assets (€2.4B) exceed its short term liabilities (€1.1B).
Long Term Liabilities: SDF's short term assets (€2.4B) exceed its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: SDF has more cash than its total debt.
Reducing Debt: SDF's debt to equity ratio has reduced from 79.2% to 5.9% over the past 5 years.
Debt Coverage: SDF's debt is well covered by operating cash flow (214.4%).
Interest Coverage: SDF's interest payments on its debt are well covered by EBIT (11.9x coverage).