KME Group Balance Sheet Health
Financial Health criteria checks 3/6
KME Group has a total shareholder equity of €575.7M and total debt of €466.8M, which brings its debt-to-equity ratio to 81.1%. Its total assets and total liabilities are €2.0B and €1.4B respectively. KME Group's EBIT is €63.1M making its interest coverage ratio 2.1. It has cash and short-term investments of €153.5M.
Key information
81.1%
Debt to equity ratio
€466.77m
Debt
| Interest coverage ratio | 2.1x |
| Cash | €153.53m |
| Equity | €575.72m |
| Total liabilities | €1.45b |
| Total assets | €2.03b |
Financial Position Analysis
Short Term Liabilities: KME's short term assets (€827.9M) exceed its short term liabilities (€807.4M).
Long Term Liabilities: KME's short term assets (€827.9M) exceed its long term liabilities (€641.9M).
Debt to Equity History and Analysis
Debt Level: KME's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: KME's debt to equity ratio has increased from 24.5% to 81.1% over the past 5 years.
Debt Coverage: KME's debt is well covered by operating cash flow (28.7%).
Interest Coverage: KME's interest payments on its debt are not well covered by EBIT (2.1x coverage).