Knowit Balance Sheet Health
Financial Health criteria checks 5/6
Knowit has a total shareholder equity of SEK4.1B and total debt of SEK641.5M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are SEK6.9B and SEK2.8B respectively. Knowit's EBIT is SEK238.5M making its interest coverage ratio 5.2. It has cash and short-term investments of SEK358.4M.
Key information
15.7%
Debt to equity ratio
SEK 641.50m
Debt
| Interest coverage ratio | 5.2x |
| Cash | SEK 358.40m |
| Equity | SEK 4.08b |
| Total liabilities | SEK 2.79b |
| Total assets | SEK 6.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0GNK's short term assets (SEK1.8B) exceed its short term liabilities (SEK1.6B).
Long Term Liabilities: 0GNK's short term assets (SEK1.8B) exceed its long term liabilities (SEK1.2B).
Debt to Equity History and Analysis
Debt Level: 0GNK's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: 0GNK's debt to equity ratio has increased from 7.1% to 15.7% over the past 5 years.
Debt Coverage: 0GNK's debt is well covered by operating cash flow (99.8%).
Interest Coverage: 0GNK's interest payments on its debt are well covered by EBIT (5.2x coverage).