Kongsberg Automotive Balance Sheet Health
Financial Health criteria checks 5/6
Kongsberg Automotive has a total shareholder equity of €221.5M and total debt of €193.0M, which brings its debt-to-equity ratio to 87.1%. Its total assets and total liabilities are €646.2M and €424.7M respectively. Kongsberg Automotive's EBIT is €21.3M making its interest coverage ratio 1.7. It has cash and short-term investments of €85.8M.
Key information
87.1%
Debt to equity ratio
€193.00m
Debt
| Interest coverage ratio | 1.7x |
| Cash | €85.80m |
| Equity | €221.50m |
| Total liabilities | €424.70m |
| Total assets | €646.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HW0's short term assets (€384.8M) exceed its short term liabilities (€197.0M).
Long Term Liabilities: 0HW0's short term assets (€384.8M) exceed its long term liabilities (€227.7M).
Debt to Equity History and Analysis
Debt Level: 0HW0's net debt to equity ratio (48.4%) is considered high.
Reducing Debt: 0HW0's debt to equity ratio has reduced from 102.3% to 87.1% 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: 0HW0 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 0HW0 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 36.5% each year