KME Group Balance Sheet Health
Financial Health criteria checks 3/6
KME Group has a total shareholder equity of €569.5M and total debt of €490.3M, which brings its debt-to-equity ratio to 86.1%. Its total assets and total liabilities are €2.1B and €1.5B respectively. KME Group's EBIT is €8.9M making its interest coverage ratio 0.6. It has cash and short-term investments of €129.1M.
Key information
86.1%
Debt to equity ratio
€490.33m
Debt
Interest coverage ratio | 0.6x |
Cash | €129.12m |
Equity | €569.54m |
Total liabilities | €1.50b |
Total assets | €2.07b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KMEM's short term assets (€863.1M) exceed its short term liabilities (€851.8M).
Long Term Liabilities: KMEM's short term assets (€863.1M) exceed its long term liabilities (€646.1M).
Debt to Equity History and Analysis
Debt Level: KMEM's net debt to equity ratio (63.4%) is considered high.
Reducing Debt: KMEM's debt to equity ratio has increased from 24.5% to 86.1% over the past 5 years.
Debt Coverage: KMEM's debt is well covered by operating cash flow (21.2%).
Interest Coverage: KMEM's interest payments on its debt are not well covered by EBIT (0.6x coverage).