Kaldalón hf Balance Sheet Health
Financial Health criteria checks 0/6
Kaldalón hf has a total shareholder equity of ISK23.2B and total debt of ISK30.0B, which brings its debt-to-equity ratio to 129.1%. Its total assets and total liabilities are ISK60.7B and ISK37.5B respectively. Kaldalón hf's EBIT is ISK2.5B making its interest coverage ratio 1.1. It has cash and short-term investments of ISK1.8B.
Key information
129.1%
Debt to equity ratio
Kr29.96b
Debt
Interest coverage ratio | 1.1x |
Cash | Kr1.83b |
Equity | Kr23.21b |
Total liabilities | Kr37.46b |
Total assets | Kr60.67b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: KALD's short term assets (ISK2.9B) do not cover its short term liabilities (ISK10.3B).
Long Term Liabilities: KALD's short term assets (ISK2.9B) do not cover its long term liabilities (ISK27.2B).
Debt to Equity History and Analysis
Debt Level: KALD's net debt to equity ratio (121.2%) is considered high.
Reducing Debt: KALD's debt to equity ratio has increased from 12.9% to 129.1% over the past 5 years.
Debt Coverage: KALD's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: KALD's interest payments on its debt are not well covered by EBIT (1.1x coverage).