Kongsberg Automotive Balance Sheet Health
Financial Health criteria checks 6/6
Kongsberg Automotive has a total shareholder equity of €208.1M and total debt of €132.8M, which brings its debt-to-equity ratio to 63.8%. Its total assets and total liabilities are €602.0M and €393.9M respectively. Kongsberg Automotive's EBIT is €9.1M making its interest coverage ratio 0.7. It has cash and short-term investments of €80.3M.
Key information
63.8%
Debt to equity ratio
€132.80m
Debt
| Interest coverage ratio | 0.7x |
| Cash | €80.30m |
| Equity | €208.10m |
| Total liabilities | €393.90m |
| Total assets | €602.00m |
Recent financial health updates
Is Kongsberg Automotive (OB:KOA) Using Too Much Debt?
Mar 19
We Think Kongsberg Automotive (OB:KOA) Is Taking Some Risk With Its Debt
Jan 25Kongsberg Automotive (OB:KOA) Has A Somewhat Strained Balance Sheet
Sep 14Does Kongsberg Automotive (OB:KOA) Have A Healthy Balance Sheet?
Apr 04Recent updates
Investors Holding Back On Kongsberg Automotive ASA (OB:KOA)
Sep 11Kongsberg Automotive (OB:KOA) Will Be Hoping To Turn Its Returns On Capital Around
Apr 27Be Wary Of Kongsberg Automotive (OB:KOA) And Its Returns On Capital
Aug 12Is Kongsberg Automotive (OB:KOA) Using Too Much Debt?
Mar 19Kongsberg Automotive (OB:KOA) Might Have The Makings Of A Multi-Bagger
Jun 16We Think Kongsberg Automotive (OB:KOA) Is Taking Some Risk With Its Debt
Jan 25Kongsberg Automotive (OB:KOA) Is Looking To Continue Growing Its Returns On Capital
Dec 07Kongsberg Automotive (OB:KOA) Has A Somewhat Strained Balance Sheet
Sep 14Investors Could Be Concerned With Kongsberg Automotive's (OB:KOA) Returns On Capital
Jul 27Does Kongsberg Automotive (OB:KOA) Have A Healthy Balance Sheet?
Apr 04The Returns At Kongsberg Automotive (OB:KOA) Provide Us With Signs Of What's To Come
Feb 28Should You Take Comfort From Insider Transactions At Kongsberg Automotive ASA (OB:KOA)?
Jan 06
Financial Position Analysis
Short Term Liabilities: KOA's short term assets (€348.5M) exceed its short term liabilities (€170.5M).
Long Term Liabilities: KOA's short term assets (€348.5M) exceed its long term liabilities (€223.4M).
Debt to Equity History and Analysis
Debt Level: KOA's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: KOA's debt to equity ratio has reduced from 100% to 63.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable KOA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: KOA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 35.1% per year.