Knowit Balance Sheet Health
Financial Health criteria checks 5/6
Knowit has a total shareholder equity of SEK4.2B and total debt of SEK553.6M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are SEK7.0B and SEK2.9B respectively. Knowit's EBIT is SEK309.8M making its interest coverage ratio 6.1. It has cash and short-term investments of SEK127.6M.
Key information
13.3%
Debt to equity ratio
kr553.59m
Debt
Interest coverage ratio | 6.1x |
Cash | kr127.61m |
Equity | kr4.17b |
Total liabilities | kr2.86b |
Total assets | kr7.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0GNK's short term assets (SEK1.9B) exceed its short term liabilities (SEK1.7B).
Long Term Liabilities: 0GNK's short term assets (SEK1.9B) exceed its long term liabilities (SEK1.2B).
Debt to Equity History and Analysis
Debt Level: 0GNK's net debt to equity ratio (10.2%) is considered satisfactory.
Reducing Debt: 0GNK's debt to equity ratio has increased from 7.4% to 13.3% over the past 5 years.
Debt Coverage: 0GNK's debt is well covered by operating cash flow (72.2%).
Interest Coverage: 0GNK's interest payments on its debt are well covered by EBIT (6.1x coverage).