Kongsberg Gruppen Balance Sheet Health
Financial Health criteria checks 6/6
Kongsberg Gruppen has a total shareholder equity of NOK17.8B and total debt of NOK2.5B, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are NOK57.9B and NOK40.1B respectively. Kongsberg Gruppen's EBIT is NOK6.1B making its interest coverage ratio 24.6. It has cash and short-term investments of NOK7.1B.
Key information
14.1%
Debt to equity ratio
NOK 2.50b
Debt
| Interest coverage ratio | 24.6x |
| Cash | NOK 7.13b |
| Equity | NOK 17.79b |
| Total liabilities | NOK 40.09b |
| Total assets | NOK 57.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KOGO's short term assets (NOK38.3B) exceed its short term liabilities (NOK33.7B).
Long Term Liabilities: KOGO's short term assets (NOK38.3B) exceed its long term liabilities (NOK6.4B).
Debt to Equity History and Analysis
Debt Level: KOGO has more cash than its total debt.
Reducing Debt: KOGO's debt to equity ratio has reduced from 32.4% to 14.1% over the past 5 years.
Debt Coverage: KOGO's debt is well covered by operating cash flow (425.9%).
Interest Coverage: KOGO's interest payments on its debt are well covered by EBIT (24.6x coverage).