Kongsberg Automotive Balance Sheet Health
Financial Health criteria checks 4/6
Kongsberg Automotive has a total shareholder equity of €218.1M and total debt of €189.3M, which brings its debt-to-equity ratio to 86.8%. Its total assets and total liabilities are €721.5M and €503.4M respectively. Kongsberg Automotive's EBIT is €6.5M making its interest coverage ratio 0.5. It has cash and short-term investments of €164.7M.
Key information
86.8%
Debt to equity ratio
€189.30m
Debt
| Interest coverage ratio | 0.5x |
| Cash | €164.70m |
| Equity | €218.10m |
| Total liabilities | €503.40m |
| Total assets | €721.50m |
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 04Does Kongsberg Automotive (OB:KOA) Have A Healthy Balance Sheet?
Dec 01Recent updates
Be 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
Does Kongsberg Automotive (OB:KOA) Have A Healthy Balance Sheet?
Dec 01Financial Position Analysis
Short Term Liabilities: KOA's short term assets (€456.9M) exceed its short term liabilities (€212.0M).
Long Term Liabilities: KOA's short term assets (€456.9M) exceed its long term liabilities (€291.4M).
Debt to Equity History and Analysis
Debt Level: KOA's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: KOA's debt to equity ratio has reduced from 106.3% to 86.8% 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: Insufficient data to determine if KOA has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if KOA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.