Kitron Balance Sheet Health
Financial Health criteria checks 5/6
Kitron has a total shareholder equity of €192.9M and total debt of €167.1M, which brings its debt-to-equity ratio to 86.6%. Its total assets and total liabilities are €547.7M and €354.8M respectively. Kitron's EBIT is €53.3M making its interest coverage ratio 5.2. It has cash and short-term investments of €48.7M.
Key information
86.6%
Debt to equity ratio
€167.10m
Debt
| Interest coverage ratio | 5.2x |
| Cash | €48.70m |
| Equity | €192.90m |
| Total liabilities | €354.80m |
| Total assets | €547.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KITO's short term assets (€398.9M) exceed its short term liabilities (€240.9M).
Long Term Liabilities: KITO's short term assets (€398.9M) exceed its long term liabilities (€113.9M).
Debt to Equity History and Analysis
Debt Level: KITO's net debt to equity ratio (61.4%) is considered high.
Reducing Debt: KITO's debt to equity ratio has reduced from 99.1% to 86.6% over the past 5 years.
Debt Coverage: KITO's debt is well covered by operating cash flow (37.6%).
Interest Coverage: KITO's interest payments on its debt are well covered by EBIT (5.2x coverage).