Karnov Group Balance Sheet Health
Financial Health criteria checks 1/6
Karnov Group has a total shareholder equity of SEK2.4B and total debt of SEK2.3B, which brings its debt-to-equity ratio to 96.4%. Its total assets and total liabilities are SEK7.4B and SEK5.0B respectively. Karnov Group's EBIT is SEK107.9M making its interest coverage ratio 1. It has cash and short-term investments of SEK455.9M.
Key information
96.4%
Debt to equity ratio
SEK 2.35b
Debt
| Interest coverage ratio | 1x |
| Cash | SEK 455.90m |
| Equity | SEK 2.43b |
| Total liabilities | SEK 4.98b |
| Total assets | SEK 7.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KARS's short term assets (SEK1.0B) do not cover its short term liabilities (SEK1.9B).
Long Term Liabilities: KARS's short term assets (SEK1.0B) do not cover its long term liabilities (SEK3.0B).
Debt to Equity History and Analysis
Debt Level: KARS's net debt to equity ratio (77.7%) is considered high.
Reducing Debt: KARS's debt to equity ratio has reduced from 208% to 96.4% over the past 5 years.
Debt Coverage: KARS's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: KARS's interest payments on its debt are not well covered by EBIT (1x coverage).