Kingspan Group Balance Sheet Health
Financial Health criteria checks 6/6
Kingspan Group has a total shareholder equity of €3.9B and total debt of €1.9B, which brings its debt-to-equity ratio to 48.3%. Its total assets and total liabilities are €8.0B and €4.1B respectively. Kingspan Group's EBIT is €840.8M making its interest coverage ratio 21.1. It has cash and short-term investments of €938.7M.
Key information
48.3%
Debt to equity ratio
€1.91b
Debt
| Interest coverage ratio | 21.1x |
| Cash | €938.70m |
| Equity | €3.95b |
| Total liabilities | €4.05b |
| Total assets | €8.00b |
Recent financial health updates
Is Kingspan Group (ISE:KRX) Using Too Much Debt?
Jun 14
Is Kingspan Group (ISE:KRX) Using Too Much Debt?
Mar 13Is Kingspan Group (ISE:KRX) Using Too Much Debt?
Oct 20Kingspan Group (ISE:KRX) Seems To Use Debt Rather Sparingly
Mar 21Is Kingspan Group (ISE:KRX) Using Too Much Debt?
Dec 19Recent updates
If EPS Growth Is Important To You, Kingspan Group (ISE:KRX) Presents An Opportunity
Aug 14What Does Kingspan Group plc's (ISE:KRX) Share Price Indicate?
Jun 26Is Kingspan Group (ISE:KRX) Using Too Much Debt?
Jun 14Estimating The Fair Value Of Kingspan Group plc (ISE:KRX)
Jun 02Is Now The Time To Put Kingspan Group (ISE:KRX) On Your Watchlist?
May 10Returns At Kingspan Group (ISE:KRX) Appear To Be Weighed Down
Mar 25Is Kingspan Group (ISE:KRX) Using Too Much Debt?
Mar 13Should You Think About Buying Kingspan Group plc (ISE:KRX) Now?
Mar 02Calculating The Fair Value Of Kingspan Group plc (ISE:KRX)
Feb 17Here's Why Kingspan Group (ISE:KRX) Has Caught The Eye Of Investors
Feb 04Returns On Capital At Kingspan Group (ISE:KRX) Have Stalled
Dec 15What Is Kingspan Group plc's (ISE:KRX) Share Price Doing?
Nov 22Is Kingspan Group plc (ISE:KRX) Trading At A 20% Discount?
Nov 11With EPS Growth And More, Kingspan Group (ISE:KRX) Makes An Interesting Case
Oct 31Is Kingspan Group (ISE:KRX) Using Too Much Debt?
Oct 20Kingspan Group's (ISE:KRX) Upcoming Dividend Will Be Larger Than Last Year's
Aug 23Returns At Kingspan Group (ISE:KRX) Appear To Be Weighed Down
Aug 17Here's Why We Think Kingspan Group (ISE:KRX) Might Deserve Your Attention Today
Jul 21Is There An Opportunity With Kingspan Group plc's (ISE:KRX) 42% Undervaluation?
Jun 24Kingspan Group (ISE:KRX) Has Some Way To Go To Become A Multi-Bagger
May 16Is Now The Time To Put Kingspan Group (ISE:KRX) On Your Watchlist?
Apr 19Kingspan Group (ISE:KRX) Seems To Use Debt Rather Sparingly
Mar 21Calculating The Fair Value Of Kingspan Group plc (ISE:KRX)
Mar 06Kingspan Group's (ISE:KRX) Dividend Will Be Increased To €0.26
Feb 21Slowing Rates Of Return At Kingspan Group (ISE:KRX) Leave Little Room For Excitement
Feb 07Is Kingspan Group (ISE:KRX) Using Too Much Debt?
Dec 19With EPS Growth And More, Kingspan Group (ISE:KRX) Is Interesting
Nov 21Is Kingspan Group plc (ISE:KRX) Worth €101 Based On Its Intrinsic Value?
Nov 08Return Trends At Kingspan Group (ISE:KRX) Aren't Appealing
Oct 27Kingspan Group (ISE:KRX) Could Easily Take On More Debt
Sep 18Is Now The Time To Put Kingspan Group (ISE:KRX) On Your Watchlist?
Aug 23Is Kingspan Group plc (ISE:KRX) Expensive For A Reason? A Look At Its Intrinsic Value
Aug 09Kingspan Group (ISE:KRX) Hasn't Managed To Accelerate Its Returns
Jun 19Shareholders Will Most Likely Find Kingspan Group plc's (ISE:KRX) CEO Compensation Acceptable
Apr 25These 4 Measures Indicate That Kingspan Group (ISE:KRX) Is Using Debt Safely
Mar 16Analyst Estimates: Here's What Brokers Think Of Kingspan Group plc (ISE:KRX) After Its Annual Report
Feb 22Could The Market Be Wrong About Kingspan Group plc (ISE:KRX) Given Its Attractive Financial Prospects?
Feb 18
Should We Be Excited About The Trends Of Returns At Kingspan Group (ISE:KRX)?
Jan 30If You Had Bought Kingspan Group (ISE:KRX) Shares Five Years Ago You'd Have Earned 187% Returns
Jan 09Financial Position Analysis
Short Term Liabilities: KRX's short term assets (€3.2B) exceed its short term liabilities (€1.9B).
Long Term Liabilities: KRX's short term assets (€3.2B) exceed its long term liabilities (€2.1B).
Debt to Equity History and Analysis
Debt Level: KRX's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: KRX's debt to equity ratio has reduced from 56.8% to 48.3% over the past 5 years.
Debt Coverage: KRX's debt is well covered by operating cash flow (60.9%).
Interest Coverage: KRX's interest payments on its debt are well covered by EBIT (21.1x coverage).