Kendrion Balance Sheet Health
Financial Health criteria checks 2/6
Kendrion has a total shareholder equity of €172.0M and total debt of €165.6M, which brings its debt-to-equity ratio to 96.3%. Its total assets and total liabilities are €462.3M and €290.3M respectively. Kendrion's EBIT is €23.9M making its interest coverage ratio 2.4. It has cash and short-term investments of €20.6M.
Key information
96.3%
Debt to equity ratio
€165.60m
Debt
Interest coverage ratio | 2.4x |
Cash | €20.60m |
Equity | €172.00m |
Total liabilities | €290.30m |
Total assets | €462.30m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: KENDRA's short term assets (€180.8M) exceed its short term liabilities (€108.7M).
Long Term Liabilities: KENDRA's short term assets (€180.8M) do not cover its long term liabilities (€181.6M).
Debt to Equity History and Analysis
Debt Level: KENDRA's net debt to equity ratio (84.3%) is considered high.
Reducing Debt: KENDRA's debt to equity ratio has increased from 42.3% to 96.3% over the past 5 years.
Debt Coverage: KENDRA's debt is well covered by operating cash flow (22%).
Interest Coverage: KENDRA's interest payments on its debt are not well covered by EBIT (2.4x coverage).