Klassik Radio Balance Sheet Health
Financial Health criteria checks 2/6
Klassik Radio has a total shareholder equity of €7.1M and total debt of €1.7M, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are €18.0M and €10.9M respectively. Klassik Radio's EBIT is €297.0K making its interest coverage ratio 3. It has cash and short-term investments of €384.0K.
Key information
23.5%
Debt to equity ratio
€1.66m
Debt
| Interest coverage ratio | 3x |
| Cash | €384.00k |
| Equity | €7.08m |
| Total liabilities | €10.93m |
| Total assets | €18.02m |
Recent financial health updates
Recent updates
Investors Could Be Concerned With Klassik Radio's (ETR:KA8) Returns On Capital
Jan 19
Klassik Radio (ETR:KA8) Might Be Having Difficulty Using Its Capital Effectively
Jan 07Does Klassik Radio (ETR:KA8) Have A Healthy Balance Sheet?
Oct 07At €5.45, Is It Time To Put Klassik Radio AG (ETR:KA8) On Your Watch List?
May 04Investors In Klassik Radio AG (ETR:KA8) Should Consider This, First
Mar 29Does Klassik Radio (ETR:KA8) Have The Makings Of A Multi-Bagger?
Feb 21Looking For Steady Income For Your Dividend Portfolio? Is Klassik Radio AG (ETR:KA8) A Good Fit?
Dec 21When Should You Buy Klassik Radio AG (ETR:KA8)?
Nov 24
Financial Position Analysis
Short Term Liabilities: KA8's short term assets (€4.2M) do not cover its short term liabilities (€5.8M).
Long Term Liabilities: KA8's short term assets (€4.2M) do not cover its long term liabilities (€5.2M).
Debt to Equity History and Analysis
Debt Level: KA8's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: KA8's debt to equity ratio has increased from 4.8% to 23.5% over the past 5 years.
Debt Coverage: KA8's debt is well covered by operating cash flow (102.6%).
Interest Coverage: KA8's interest payments on its debt are not well covered by EBIT (3x coverage).