Kongsberg Automotive Balance Sheet Health
Financial Health criteria checks 4/6
Kongsberg Automotive has a total shareholder equity of €218.1M and total debt of €189.3M, which brings its debt-to-equity ratio to 86.8%. Its total assets and total liabilities are €721.5M and €503.4M respectively. Kongsberg Automotive's EBIT is €6.5M making its interest coverage ratio 0.5. It has cash and short-term investments of €164.7M.
Key information
86.8%
Debt to equity ratio
€189.30m
Debt
Interest coverage ratio | 0.5x |
Cash | €164.70m |
Equity | €218.10m |
Total liabilities | €503.40m |
Total assets | €721.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KOAO's short term assets (€456.9M) exceed its short term liabilities (€212.0M).
Long Term Liabilities: KOAO's short term assets (€456.9M) exceed its long term liabilities (€291.4M).
Debt to Equity History and Analysis
Debt Level: KOAO's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: KOAO's debt to equity ratio has reduced from 106.3% to 86.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if KOAO has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if KOAO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.