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 13Recent 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 31Financial 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 19:12 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
KONE Oyj is covered by 56 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Pierre-Yves Gauthier | AlphaValue |
| Rizk Maidi | Barclays |
| Vlad Sergievskii | Barclays |