KME Group Balance Sheet Health
Financial Health criteria checks 4/6
KME Group has a total shareholder equity of €603.5M and total debt of €92.4M, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are €2.0B and €1.4B respectively. KME Group's EBIT is €75.3M making its interest coverage ratio 6.8. It has cash and short-term investments of €85.8M.
Key information
15.3%
Debt to equity ratio
€92.43m
Debt
Interest coverage ratio | 6.8x |
Cash | €85.79m |
Equity | €603.52m |
Total liabilities | €1.37b |
Total assets | €1.97b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IKGM's short term assets (€893.9M) do not cover its short term liabilities (€977.7M).
Long Term Liabilities: IKGM's short term assets (€893.9M) exceed its long term liabilities (€391.0M).
Debt to Equity History and Analysis
Debt Level: IKGM's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: IKGM's debt to equity ratio has reduced from 25.5% to 15.3% over the past 5 years.
Debt Coverage: IKGM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IKGM's interest payments on its debt are well covered by EBIT (6.8x coverage).