Kid Balance Sheet Health
Financial Health criteria checks 3/6
Kid has a total shareholder equity of NOK1.3B and total debt of NOK521.7M, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are NOK3.9B and NOK2.6B respectively. Kid's EBIT is NOK481.1M making its interest coverage ratio 6.6. It has cash and short-term investments of NOK225.4M.
Key information
39.7%
Debt to equity ratio
kr521.66m
Debt
Interest coverage ratio | 6.6x |
Cash | kr225.41m |
Equity | kr1.32b |
Total liabilities | kr2.63b |
Total assets | kr3.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 97Q's short term assets (NOK906.4M) do not cover its short term liabilities (NOK1.1B).
Long Term Liabilities: 97Q's short term assets (NOK906.4M) do not cover its long term liabilities (NOK1.6B).
Debt to Equity History and Analysis
Debt Level: 97Q's net debt to equity ratio (22.5%) is considered satisfactory.
Reducing Debt: 97Q's debt to equity ratio has increased from 39% to 39.7% over the past 5 years.
Debt Coverage: 97Q's debt is well covered by operating cash flow (184.3%).
Interest Coverage: 97Q's interest payments on its debt are well covered by EBIT (6.6x coverage).