Kesko Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Kesko Oyj has a total shareholder equity of €2.4B and total debt of €1.0B, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are €8.1B and €5.7B respectively. Kesko Oyj's EBIT is €652.9M making its interest coverage ratio 7.1. It has cash and short-term investments of €145.1M.
Key information
42.9%
Debt to equity ratio
€1.03b
Debt
| Interest coverage ratio | 7.1x |
| Cash | €145.10m |
| Equity | €2.39b |
| Total liabilities | €5.72b |
| Total assets | €8.11b |
Recent financial health updates
Is Kesko Oyj (HEL:KESKOB) Using Too Much Debt?
Jan 06
Does Kesko Oyj (HEL:KESKOB) Have A Healthy Balance Sheet?
Aug 18These 4 Measures Indicate That Kesko Oyj (HEL:KESKOB) Is Using Debt Reasonably Well
May 01Is Kesko Oyj (HEL:KESKOB) Using Too Much Debt?
Jan 24Kesko Oyj (HEL:KESKOB) Could Easily Take On More Debt
Aug 04Recent updates
Kesko Oyj's (HEL:KESKOB) Returns On Capital Are Heading Higher
May 26Earnings Miss: Kesko Oyj Missed EPS By 14% And Analysts Are Revising Their Forecasts
Apr 28Kesko Oyj (HEL:KESKOB) Shares Could Be 30% Below Their Intrinsic Value Estimate
Apr 21Kesko Oyj's (HEL:KESKOB) Shares Lagging The Market But So Is The Business
Apr 07Kesko Oyj (HEL:KESKOB) Is Reducing Its Dividend To €0.26
Mar 21Kesko Oyj (HEL:KESKOB) Is Paying Out Less In Dividends Than Last Year
Feb 23Kesko Oyj's (HEL:KESKOB) Soft Earnings Are Actually Better Than They Appear
Feb 07Kesko Oyj's (HEL:KESKOB) Dividend Will Be Reduced To €0.26
Feb 02Slowing Rates Of Return At Kesko Oyj (HEL:KESKOB) Leave Little Room For Excitement
Jan 21Is Kesko Oyj (HEL:KESKOB) Using Too Much Debt?
Jan 06Investors Aren't Buying Kesko Oyj's (HEL:KESKOB) Earnings
Dec 22Kesko Oyj's (HEL:KESKOB) Dividend Will Be Increased To €0.27
Oct 28Kesko Oyj (HEL:KESKOB) Will Pay A Larger Dividend Than Last Year At €0.27
Oct 11Kesko Oyj's (HEL:KESKOB) Upcoming Dividend Will Be Larger Than Last Year's
Sep 27Kesko Oyj (HEL:KESKOB) Is Increasing Its Dividend To €0.27
Sep 13Here's What To Make Of Kesko Oyj's (HEL:KESKOB) Decelerating Rates Of Return
Sep 05Does Kesko Oyj (HEL:KESKOB) Have A Healthy Balance Sheet?
Aug 18Is Kesko Oyj (HEL:KESKOB) Trading At A 44% Discount?
Jun 30Kesko Oyj (HEL:KESKOB) Is Increasing Its Dividend To €0.27
Jun 07Returns At Kesko Oyj (HEL:KESKOB) Are On The Way Up
May 16These 4 Measures Indicate That Kesko Oyj (HEL:KESKOB) Is Using Debt Reasonably Well
May 01Kesko Oyj (HEL:KESKOB) Is Paying Out A Larger Dividend Than Last Year
Apr 02Do Kesko Oyj's (HEL:KESKOB) Earnings Warrant Your Attention?
Mar 06Are Investors Undervaluing Kesko Oyj (HEL:KESKOB) By 47%?
Feb 20Is Kesko Oyj (HEL:KESKOB) Using Too Much Debt?
Jan 24Kesko Oyj (HEL:KESKOB) Might Have The Makings Of A Multi-Bagger
Jan 09Here's Why Kesko Oyj (HEL:KESKOB) Has Caught The Eye Of Investors
Nov 24Are Investors Undervaluing Kesko Oyj (HEL:KESKOB) By 48%?
Nov 10Returns On Capital Are Showing Encouraging Signs At Kesko Oyj (HEL:KESKOB)
Aug 17Kesko Oyj (HEL:KESKOB) Could Easily Take On More Debt
Aug 04Financial Position Analysis
Short Term Liabilities: KESKOB's short term assets (€2.7B) do not cover its short term liabilities (€3.2B).
Long Term Liabilities: KESKOB's short term assets (€2.7B) exceed its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: KESKOB's net debt to equity ratio (36.8%) is considered satisfactory.
Reducing Debt: KESKOB's debt to equity ratio has increased from 20% to 42.9% over the past 5 years.
Debt Coverage: KESKOB's debt is well covered by operating cash flow (110.5%).
Interest Coverage: KESKOB's interest payments on its debt are well covered by EBIT (7.1x coverage).