Kitron Balance Sheet Health
Financial Health criteria checks 4/6
Kitron has a total shareholder equity of €189.9M and total debt of €170.7M, which brings its debt-to-equity ratio to 89.9%. Its total assets and total liabilities are €569.0M and €379.1M respectively. Kitron's EBIT is €63.0M making its interest coverage ratio 6.8. It has cash and short-term investments of €47.6M.
Key information
89.9%
Debt to equity ratio
€170.70m
Debt
Interest coverage ratio | 6.8x |
Cash | €47.60m |
Equity | €189.90m |
Total liabilities | €379.10m |
Total assets | €569.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KP5's short term assets (€414.3M) exceed its short term liabilities (€263.2M).
Long Term Liabilities: KP5's short term assets (€414.3M) exceed its long term liabilities (€115.9M).
Debt to Equity History and Analysis
Debt Level: KP5's net debt to equity ratio (64.8%) is considered high.
Reducing Debt: KP5's debt to equity ratio has increased from 85.6% to 89.9% over the past 5 years.
Debt Coverage: KP5's debt is well covered by operating cash flow (33.4%).
Interest Coverage: KP5's interest payments on its debt are well covered by EBIT (6.8x coverage).