Kering Balance Sheet Health
Financial Health criteria checks 3/6
Kering has a total shareholder equity of €16.0B and total debt of €12.4B, which brings its debt-to-equity ratio to 77.6%. Its total assets and total liabilities are €41.4B and €25.4B respectively. Kering's EBIT is €4.7B making its interest coverage ratio 18.3. It has cash and short-term investments of €3.9B.
Key information
77.6%
Debt to equity ratio
€12.43b
Debt
Interest coverage ratio | 18.3x |
Cash | €3.92b |
Equity | €16.01b |
Total liabilities | €25.36b |
Total assets | €41.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1KER's short term assets (€11.9B) exceed its short term liabilities (€8.6B).
Long Term Liabilities: 1KER's short term assets (€11.9B) do not cover its long term liabilities (€16.7B).
Debt to Equity History and Analysis
Debt Level: 1KER's net debt to equity ratio (53.1%) is considered high.
Reducing Debt: 1KER's debt to equity ratio has increased from 38.3% to 77.6% over the past 5 years.
Debt Coverage: 1KER's debt is well covered by operating cash flow (35.9%).
Interest Coverage: 1KER's interest payments on its debt are well covered by EBIT (18.3x coverage).