Kaufman & Broad Balance Sheet Health
Financial Health criteria checks 6/6
Kaufman & Broad has a total shareholder equity of €212.9M and total debt of €107.7M, which brings its debt-to-equity ratio to 50.6%. Its total assets and total liabilities are €1.6B and €1.4B respectively. Kaufman & Broad's EBIT is €76.1M making its interest coverage ratio 23.2. It has cash and short-term investments of €328.9M.
Key information
50.6%
Debt to equity ratio
€107.67m
Debt
| Interest coverage ratio | 23.2x |
| Cash | €328.85m |
| Equity | €212.87m |
| Total liabilities | €1.39b |
| Total assets | €1.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KOFP's short term assets (€1.3B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: KOFP's short term assets (€1.3B) exceed its long term liabilities (€135.1M).
Debt to Equity History and Analysis
Debt Level: KOFP has more cash than its total debt.
Reducing Debt: KOFP's debt to equity ratio has reduced from 60.7% to 50.6% over the past 5 years.
Debt Coverage: KOFP's debt is well covered by operating cash flow (207%).
Interest Coverage: KOFP's interest payments on its debt are well covered by EBIT (23.2x coverage).