Kekrops Balance Sheet Health
Financial Health criteria checks 3/6
Kekrops has a total shareholder equity of €12.6M and total debt of €5.6M, which brings its debt-to-equity ratio to 44.5%. Its total assets and total liabilities are €21.4M and €8.8M respectively.
Key information
44.5%
Debt to equity ratio
€5.61m
Debt
| Interest coverage ratio | n/a |
| Cash | €221.87k |
| Equity | €12.60m |
| Total liabilities | €8.81m |
| Total assets | €21.41m |
Financial Position Analysis
Short Term Liabilities: KEKR's short term assets (€8.0M) exceed its short term liabilities (€3.9M).
Long Term Liabilities: KEKR's short term assets (€8.0M) exceed its long term liabilities (€4.9M).
Debt to Equity History and Analysis
Debt Level: KEKR's net debt to equity ratio (42.7%) is considered high.
Reducing Debt: KEKR's debt to equity ratio has reduced from 92% to 44.5% over the past 5 years.
Debt Coverage: KEKR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if KEKR's interest payments on its debt are well covered by EBIT.