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 NOK3.0B, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are NOK55.7B and NOK37.9B respectively. Kongsberg Gruppen's EBIT is NOK5.1B making its interest coverage ratio 20.9. It has cash and short-term investments of NOK6.6B.
Key information
16.9%
Debt to equity ratio
kr3.00b
Debt
Interest coverage ratio | 20.9x |
Cash | kr6.58b |
Equity | kr17.79b |
Total liabilities | kr37.87b |
Total assets | kr55.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0F08's short term assets (NOK36.6B) exceed its short term liabilities (NOK31.6B).
Long Term Liabilities: 0F08's short term assets (NOK36.6B) exceed its long term liabilities (NOK6.3B).
Debt to Equity History and Analysis
Debt Level: 0F08 has more cash than its total debt.
Reducing Debt: 0F08's debt to equity ratio has reduced from 34% to 16.9% over the past 5 years.
Debt Coverage: 0F08's debt is well covered by operating cash flow (229.4%).
Interest Coverage: 0F08's interest payments on its debt are well covered by EBIT (20.9x coverage).