Kid Balance Sheet Health
Financial Health criteria checks 3/6
Kid has a total shareholder equity of NOK1.3B and total debt of NOK784.2M, which brings its debt-to-equity ratio to 59.2%. Its total assets and total liabilities are NOK4.2B and NOK2.9B respectively. Kid's EBIT is NOK526.0M making its interest coverage ratio 6.4. It has cash and short-term investments of NOK225.4M.
Key information
59.2%
Debt to equity ratio
NOK 784.18m
Debt
| Interest coverage ratio | 6.4x |
| Cash | NOK 225.41m |
| Equity | NOK 1.33b |
| Total liabilities | NOK 2.92b |
| Total assets | NOK 4.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 97Q's short term assets (NOK1.0B) do not cover its short term liabilities (NOK1.0B).
Long Term Liabilities: 97Q's short term assets (NOK1.0B) do not cover its long term liabilities (NOK1.9B).
Debt to Equity History and Analysis
Debt Level: 97Q's net debt to equity ratio (42.2%) is considered high.
Reducing Debt: 97Q's debt to equity ratio has reduced from 75.5% to 59.2% over the past 5 years.
Debt Coverage: 97Q's debt is well covered by operating cash flow (99.5%).
Interest Coverage: 97Q's interest payments on its debt are well covered by EBIT (6.4x coverage).