Kid Balance Sheet Health
Financial Health criteria checks 3/6
Kid has a total shareholder equity of NOK1.4B and total debt of NOK568.9M, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are NOK4.0B and NOK2.6B respectively. Kid's EBIT is NOK529.8M making its interest coverage ratio 7.3. It has cash and short-term investments of NOK225.4M.
Key information
41.7%
Debt to equity ratio
NOK 568.95m
Debt
| Interest coverage ratio | 7.3x |
| Cash | NOK 225.41m |
| Equity | NOK 1.36b |
| Total liabilities | NOK 2.64b |
| Total assets | NOK 4.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KIDO's short term assets (NOK817.6M) do not cover its short term liabilities (NOK951.4M).
Long Term Liabilities: KIDO's short term assets (NOK817.6M) do not cover its long term liabilities (NOK1.7B).
Debt to Equity History and Analysis
Debt Level: KIDO's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: KIDO's debt to equity ratio has increased from 39.2% to 41.7% over the past 5 years.
Debt Coverage: KIDO's debt is well covered by operating cash flow (158.8%).
Interest Coverage: KIDO's interest payments on its debt are well covered by EBIT (7.3x coverage).