Knowit Balance Sheet Health
Financial Health criteria checks 5/6
Knowit has a total shareholder equity of SEK4.3B and total debt of SEK789.7M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are SEK7.5B and SEK3.2B respectively. Knowit's EBIT is SEK364.5M making its interest coverage ratio 3.9. It has cash and short-term investments of SEK365.1M.
Key information
18.4%
Debt to equity ratio
SEK 789.70m
Debt
| Interest coverage ratio | 3.9x |
| Cash | SEK 365.10m |
| Equity | SEK 4.29b |
| Total liabilities | SEK 3.20b |
| Total assets | SEK 7.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KNOWS's short term assets (SEK2.1B) exceed its short term liabilities (SEK1.8B).
Long Term Liabilities: KNOWS's short term assets (SEK2.1B) exceed its long term liabilities (SEK1.4B).
Debt to Equity History and Analysis
Debt Level: KNOWS's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: KNOWS's debt to equity ratio has increased from 9.3% to 18.4% over the past 5 years.
Debt Coverage: KNOWS's debt is well covered by operating cash flow (71.9%).
Interest Coverage: KNOWS's interest payments on its debt are well covered by EBIT (3.9x coverage).