KATEK Balance Sheet Health
Financial Health criteria checks 4/6
KATEK has a total shareholder equity of €162.4M and total debt of €98.3M, which brings its debt-to-equity ratio to 60.6%. Its total assets and total liabilities are €521.1M and €358.8M respectively. KATEK's EBIT is €6.0M making its interest coverage ratio 0.5. It has cash and short-term investments of €47.9M.
Key information
60.6%
Debt to equity ratio
€98.34m
Debt
| Interest coverage ratio | 0.5x |
| Cash | €47.89m |
| Equity | €162.38m |
| Total liabilities | €358.76m |
| Total assets | €521.15m |
Financial Position Analysis
Short Term Liabilities: KTEK's short term assets (€352.7M) exceed its short term liabilities (€219.7M).
Long Term Liabilities: KTEK's short term assets (€352.7M) exceed its long term liabilities (€139.0M).
Debt to Equity History and Analysis
Debt Level: KTEK's net debt to equity ratio (31.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if KTEK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KTEK's debt is well covered by operating cash flow (50.8%).
Interest Coverage: KTEK's interest payments on its debt are not well covered by EBIT (0.5x coverage).