K+S Balance Sheet Health
Financial Health criteria checks 6/6
K+S has a total shareholder equity of €6.7B and total debt of €730.6M, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are €9.9B and €3.2B respectively. K+S's EBIT is €2.1B making its interest coverage ratio -27.2. It has cash and short-term investments of €985.8M.
Key information
10.9%
Debt to equity ratio
€730.60m
Debt
| Interest coverage ratio | -27.2x |
| Cash | €985.80m |
| Equity | €6.72b |
| Total liabilities | €3.17b |
| Total assets | €9.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SDF N's short term assets (€3.0B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: SDF N's short term assets (€3.0B) exceed its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: SDF N has more cash than its total debt.
Reducing Debt: SDF N's debt to equity ratio has reduced from 72.6% to 10.9% over the past 5 years.
Debt Coverage: SDF N's debt is well covered by operating cash flow (190.5%).
Interest Coverage: SDF N earns more interest than it pays, so coverage of interest payments is not a concern.