KONE Oyj Balance Sheet Health
Financial Health criteria checks 5/6
KONE Oyj has a total shareholder equity of €2.1B and total debt of €204.2M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are €8.3B and €6.2B respectively. KONE Oyj's EBIT is €1.3B making its interest coverage ratio -63.3. It has cash and short-term investments of €1.1B.
Key information
9.7%
Debt to equity ratio
€204.20m
Debt
| Interest coverage ratio | -63.3x |
| Cash | €1.13b |
| Equity | €2.09b |
| Total liabilities | €6.21b |
| Total assets | €8.30b |
Recent financial health updates
These 4 Measures Indicate That KONE Oyj (HEL:KNEBV) Is Using Debt Safely
Mar 13
These 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 15We Think KONE Oyj (HEL:KNEBV) Can Stay On Top Of Its Debt
Feb 02Here's Why KONE Oyj (HEL:KNEBV) Can Manage Its Debt Responsibly
Oct 27Recent updates
KONE 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 11An Intrinsic Calculation For KONE Oyj (HEL:KNEBV) Suggests It's 23% Undervalued
May 25Is KONE Oyj (HEL:KNEBV) Using Too Much Debt?
Apr 25Return Trends At KONE Oyj (HEL:KNEBV) Aren't Appealing
Apr 10It's Unlikely That KONE Oyj's (HEL:KNEBV) CEO Will See A Huge Pay Rise This Year
Feb 22A Look At The Fair Value Of KONE Oyj (HEL:KNEBV)
Feb 16We Think KONE Oyj (HEL:KNEBV) Can Manage Its Debt With Ease
Jan 09KONE Oyj (HEL:KNEBV) Looks To Prolong Its Impressive Returns
Dec 26Here's Why I Think KONE Oyj (HEL:KNEBV) Is An Interesting Stock
Dec 01Estimating The Fair Value Of KONE Oyj (HEL:KNEBV)
Nov 18Financial Position Analysis
Short Term Liabilities: KNEBV's short term assets (€5.2B) do not cover its short term liabilities (€5.3B).
Long Term Liabilities: KNEBV's short term assets (€5.2B) exceed its long term liabilities (€867.1M).
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 23.6% to 9.7% over the past 5 years.
Debt Coverage: KNEBV's debt is well covered by operating cash flow (533.9%).
Interest Coverage: KNEBV earns more interest than it pays, so coverage of interest payments is not a concern.