AB K2 LT Balance Sheet Health
Financial Health criteria checks 6/6
AB K2 LT has a total shareholder equity of €5.2M and total debt of €91.5K, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are €5.7M and €441.8K respectively. AB K2 LT's EBIT is €621.8K making its interest coverage ratio 101.6. It has cash and short-term investments of €1.1M.
Key information
1.7%
Debt to equity ratio
€91.49k
Debt
Interest coverage ratio | 101.6x |
Cash | €1.09m |
Equity | €5.24m |
Total liabilities | €441.85k |
Total assets | €5.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: K2LT's short term assets (€1.5M) exceed its short term liabilities (€334.4K).
Long Term Liabilities: K2LT's short term assets (€1.5M) exceed its long term liabilities (€107.5K).
Debt to Equity History and Analysis
Debt Level: K2LT has more cash than its total debt.
Reducing Debt: K2LT's debt to equity ratio has reduced from 77% to 1.7% over the past 5 years.
Debt Coverage: K2LT's debt is well covered by operating cash flow (824.3%).
Interest Coverage: K2LT's interest payments on its debt are well covered by EBIT (101.6x coverage).