Kendrion Balance Sheet Health
Financial Health criteria checks 3/6
Kendrion has a total shareholder equity of €158.3M and total debt of €174.3M, which brings its debt-to-equity ratio to 110.1%. Its total assets and total liabilities are €438.1M and €279.8M respectively. Kendrion's EBIT is €18.7M making its interest coverage ratio 2.5. It has cash and short-term investments of €73.2M.
Key information
110.1%
Debt to equity ratio
€174.30m
Debt
| Interest coverage ratio | 2.5x |
| Cash | €73.20m |
| Equity | €158.30m |
| Total liabilities | €279.80m |
| Total assets | €438.10m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0G68's short term assets (€207.2M) exceed its short term liabilities (€93.7M).
Long Term Liabilities: 0G68's short term assets (€207.2M) exceed its long term liabilities (€186.1M).
Debt to Equity History and Analysis
Debt Level: 0G68's net debt to equity ratio (63.9%) is considered high.
Reducing Debt: 0G68's debt to equity ratio has increased from 56.9% to 110.1% over the past 5 years.
Debt Coverage: 0G68's debt is well covered by operating cash flow (25.8%).
Interest Coverage: 0G68's interest payments on its debt are not well covered by EBIT (2.5x coverage).