Klappir Grænar Lausnir hf Balance Sheet Health
Financial Health criteria checks 4/6
Klappir Grænar Lausnir hf has a total shareholder equity of ISK367.3M and total debt of ISK313.1M, which brings its debt-to-equity ratio to 85.2%. Its total assets and total liabilities are ISK840.6M and ISK473.3M respectively. Klappir Grænar Lausnir hf's EBIT is ISK54.6M making its interest coverage ratio 1.2. It has cash and short-term investments of ISK158.6M.
Key information
85.2%
Debt to equity ratio
ISK 313.10m
Debt
| Interest coverage ratio | 1.2x |
| Cash | ISK 158.60m |
| Equity | ISK 367.30m |
| Total liabilities | ISK 473.30m |
| Total assets | ISK 840.60m |
Financial Position Analysis
Short Term Liabilities: KLAPP B's short term assets (ISK495.3M) exceed its short term liabilities (ISK124.8M).
Long Term Liabilities: KLAPP B's short term assets (ISK495.3M) exceed its long term liabilities (ISK348.5M).
Debt to Equity History and Analysis
Debt Level: KLAPP B's net debt to equity ratio (42.1%) is considered high.
Reducing Debt: KLAPP B's debt to equity ratio has increased from 14.4% to 85.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: KLAPP B has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: KLAPP B has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 5.1% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 01:38 |
| End of Day Share Price | 2024/12/13 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Klappir Grænar Lausnir hf. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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