AB KN Energies Balance Sheet Health
Financial Health criteria checks 1/6
AB KN Energies has a total shareholder equity of €152.2M and total debt of €164.4M, which brings its debt-to-equity ratio to 108%. Its total assets and total liabilities are €556.1M and €403.9M respectively. AB KN Energies's EBIT is €12.7M making its interest coverage ratio 3. It has cash and short-term investments of €77.0M.
Key information
108.0%
Debt to equity ratio
€164.38m
Debt
Interest coverage ratio | 3x |
Cash | €77.04m |
Equity | €152.21m |
Total liabilities | €403.90m |
Total assets | €556.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KNE1L's short term assets (€96.8M) do not cover its short term liabilities (€214.8M).
Long Term Liabilities: KNE1L's short term assets (€96.8M) do not cover its long term liabilities (€189.1M).
Debt to Equity History and Analysis
Debt Level: KNE1L's net debt to equity ratio (57.4%) is considered high.
Reducing Debt: KNE1L's debt to equity ratio has increased from 39% to 108% over the past 5 years.
Debt Coverage: KNE1L's debt is well covered by operating cash flow (23.8%).
Interest Coverage: KNE1L's interest payments on its debt are not well covered by EBIT (3x coverage).