Kering Balance Sheet Health

Financial Health criteria checks 3/6

Kering has a total shareholder equity of €15.8B and total debt of €13.9B, which brings its debt-to-equity ratio to 88%. Its total assets and total liabilities are €42.2B and €26.4B respectively. Kering's EBIT is €3.6B making its interest coverage ratio 9.2. It has cash and short-term investments of €3.9B.

Key information

88.0%

Debt to equity ratio

€13.86b

Debt

Interest coverage ratio9.2x
Cash€3.93b
Equity€15.75b
Total liabilities€26.40b
Total assets€42.15b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 1KER's short term assets (€11.7B) exceed its short term liabilities (€8.5B).

Long Term Liabilities: 1KER's short term assets (€11.7B) do not cover its long term liabilities (€17.9B).


Debt to Equity History and Analysis

Debt Level: 1KER's net debt to equity ratio (63%) is considered high.

Reducing Debt: 1KER's debt to equity ratio has increased from 48.5% to 88% over the past 5 years.

Debt Coverage: 1KER's debt is well covered by operating cash flow (31.1%).

Interest Coverage: 1KER's interest payments on its debt are well covered by EBIT (9.2x coverage).


Balance Sheet


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