Kitron Balance Sheet Health
Financial Health criteria checks 3/6
Kitron has a total shareholder equity of €167.5M and total debt of €173.3M, which brings its debt-to-equity ratio to 103.5%. Its total assets and total liabilities are €584.7M and €417.2M respectively. Kitron's EBIT is €63.9M making its interest coverage ratio 13.9. It has cash and short-term investments of €31.7M.
Key information
103.5%
Debt to equity ratio
€173.30m
Debt
Interest coverage ratio | 13.9x |
Cash | €31.70m |
Equity | €167.50m |
Total liabilities | €417.20m |
Total assets | €584.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KITO's short term assets (€442.9M) exceed its short term liabilities (€294.2M).
Long Term Liabilities: KITO's short term assets (€442.9M) exceed its long term liabilities (€123.0M).
Debt to Equity History and Analysis
Debt Level: KITO's net debt to equity ratio (84.5%) is considered high.
Reducing Debt: KITO's debt to equity ratio has increased from 58.2% to 103.5% over the past 5 years.
Debt Coverage: KITO's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: KITO's interest payments on its debt are well covered by EBIT (13.9x coverage).