L-KONZEPT Holding Balance Sheet Health
Financial Health criteria checks 5/6
L-KONZEPT Holding has a total shareholder equity of €1.7M and total debt of €864.3K, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are €7.2M and €5.5M respectively. L-KONZEPT Holding's EBIT is €134.2K making its interest coverage ratio -1.1. It has cash and short-term investments of €528.1K.
Key information
51.5%
Debt to equity ratio
€864.32k
Debt
Interest coverage ratio | -1.1x |
Cash | €528.12k |
Equity | €1.68m |
Total liabilities | €5.52m |
Total assets | €7.19m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LKB's short term assets (€6.1M) exceed its short term liabilities (€286.7K).
Long Term Liabilities: LKB's short term assets (€6.1M) exceed its long term liabilities (€5.2M).
Debt to Equity History and Analysis
Debt Level: LKB's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: LKB's debt to equity ratio has increased from 38.7% to 51.5% over the past 5 years.
Debt Coverage: LKB's debt is well covered by operating cash flow (74.2%).
Interest Coverage: LKB earns more interest than it pays, so coverage of interest payments is not a concern.