Kesko Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Kesko Oyj has a total shareholder equity of €2.7B and total debt of €498.1M, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are €7.5B and €4.7B respectively. Kesko Oyj's EBIT is €793.2M making its interest coverage ratio 15.1. It has cash and short-term investments of €314.1M.
Key information
18.2%
Debt to equity ratio
€498.10m
Debt
| Interest coverage ratio | 15.1x |
| Cash | €314.10m |
| Equity | €2.74b |
| Total liabilities | €4.73b |
| Total assets | €7.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KESKOH's short term assets (€2.8B) do not cover its short term liabilities (€2.8B).
Long Term Liabilities: KESKOH's short term assets (€2.8B) exceed its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: KESKOH's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: KESKOH's debt to equity ratio has reduced from 23.4% to 18.2% over the past 5 years.
Debt Coverage: KESKOH's debt is well covered by operating cash flow (183.7%).
Interest Coverage: KESKOH's interest payments on its debt are well covered by EBIT (15.1x coverage).