KONE Oyj Balance Sheet Health
Financial Health criteria checks 6/6
KONE Oyj has a total shareholder equity of €2.6B and total debt of €205.4M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are €8.6B and €6.0B respectively. KONE Oyj's EBIT is €1.3B making its interest coverage ratio -66. It has cash and short-term investments of €1.3B.
Key information
7.9%
Debt to equity ratio
€205.40m
Debt
| Interest coverage ratio | -66x |
| Cash | €1.26b |
| Equity | €2.60b |
| Total liabilities | €6.01b |
| Total assets | €8.61b |
Recent financial health updates
KONE Oyj (HEL:KNEBV) Seems To Use Debt Quite Sensibly
Oct 14
Does KONE Oyj (HEL:KNEBV) Have A Healthy Balance Sheet?
Jun 21These 4 Measures Indicate That KONE Oyj (HEL:KNEBV) Is Using Debt Safely
Mar 13These 4 Measures Indicate That KONE Oyj (HEL:KNEBV) Is Using Debt Safely
Nov 30We Think KONE Oyj (HEL:KNEBV) Can Manage Its Debt With Ease
Aug 20These 4 Measures Indicate That KONE Oyj (HEL:KNEBV) Is Using Debt Reasonably Well
May 15Recent updates
Earnings Miss: KONE Oyj Missed EPS By 5.6% And Analysts Are Revising Their Forecasts
Oct 27KONE Oyj (HEL:KNEBV) Seems To Use Debt Quite Sensibly
Oct 14A Look At The Fair Value Of KONE Oyj (HEL:KNEBV)
Sep 16Investors Shouldn't Overlook KONE Oyj's (HEL:KNEBV) Impressive Returns On Capital
Sep 02Risks To Shareholder Returns Are Elevated At These Prices For KONE Oyj (HEL:KNEBV)
Aug 19KONE Oyj (HEL:KNEBV) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates
Jul 22Does KONE Oyj (HEL:KNEBV) Have A Healthy Balance Sheet?
Jun 21Estimating The Intrinsic Value Of KONE Oyj (HEL:KNEBV)
May 23Investors Should Be Encouraged By KONE Oyj's (HEL:KNEBV) Returns On Capital
May 09KONE Oyj's (HEL:KNEBV) Price Is Out Of Tune With Earnings
Apr 24These 4 Measures Indicate That KONE Oyj (HEL:KNEBV) Is Using Debt Safely
Mar 13KONE Oyj (HEL:KNEBV) Is Due To Pay A Dividend Of €1.75
Feb 01A Look At The Fair Value Of KONE Oyj (HEL:KNEBV)
Dec 31These 4 Measures Indicate That KONE Oyj (HEL:KNEBV) Is Using Debt Safely
Nov 30Returns On Capital At KONE Oyj (HEL:KNEBV) Have Stalled
Oct 04Estimating The Fair Value Of KONE Oyj (HEL:KNEBV)
Sep 19We Think KONE Oyj (HEL:KNEBV) Can Manage Its Debt With Ease
Aug 20Returns At KONE Oyj (HEL:KNEBV) Appear To Be Weighed Down
Jun 25Does This Valuation Of KONE Oyj (HEL:KNEBV) Imply Investors Are Overpaying?
Jun 11These 4 Measures Indicate That KONE Oyj (HEL:KNEBV) Is Using Debt Reasonably Well
May 15Is KONE Oyj (HEL:KNEBV) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 13Most Shareholders Will Probably Agree With KONE Oyj's (HEL:KNEBV) CEO Compensation
Feb 22We Think KONE Oyj (HEL:KNEBV) Can Stay On Top Of Its Debt
Feb 02Returns On Capital At KONE Oyj (HEL:KNEBV) Paint A Concerning Picture
Jan 15Estimating The Fair Value Of KONE Oyj (HEL:KNEBV)
Nov 28Here's Why KONE Oyj (HEL:KNEBV) Can Manage Its Debt Responsibly
Oct 27The Returns On Capital At KONE Oyj (HEL:KNEBV) Don't Inspire Confidence
Oct 12Is There An Opportunity With KONE Oyj's (HEL:KNEBV) 40% Undervaluation?
Aug 27Here's Why KONE Oyj (HEL:KNEBV) Can Manage Its Debt Responsibly
Jul 28Returns At KONE Oyj (HEL:KNEBV) Appear To Be Weighed Down
Jul 11Financial Position Analysis
Short Term Liabilities: KNEBV's short term assets (€5.5B) exceed its short term liabilities (€5.2B).
Long Term Liabilities: KNEBV's short term assets (€5.5B) exceed its long term liabilities (€849.5M).
Debt to Equity History and Analysis
Debt Level: KNEBV has more cash than its total debt.
Reducing Debt: KNEBV's debt to equity ratio has reduced from 19% to 7.9% over the past 5 years.
Debt Coverage: KNEBV's debt is well covered by operating cash flow (548.1%).
Interest Coverage: KNEBV earns more interest than it pays, so coverage of interest payments is not a concern.