Kitron Balance Sheet Health
Financial Health criteria checks 4/6
Kitron has a total shareholder equity of €183.5M and total debt of €141.9M, which brings its debt-to-equity ratio to 77.3%. Its total assets and total liabilities are €580.8M and €397.3M respectively. Kitron's EBIT is €69.7M making its interest coverage ratio 8.3. It has cash and short-term investments of €39.0M.
Key information
77.3%
Debt to equity ratio
€141.90m
Debt
| Interest coverage ratio | 8.3x |
| Cash | €39.00m |
| Equity | €183.50m |
| Total liabilities | €397.30m |
| Total assets | €580.80m |
Recent financial health updates
These 4 Measures Indicate That Kitron (OB:KIT) Is Using Debt Reasonably Well
Oct 26
Is Kitron (OB:KIT) Using Too Much Debt?
Oct 19These 4 Measures Indicate That Kitron (OB:KIT) Is Using Debt Reasonably Well
Apr 05Recent updates
Kitron (OB:KIT) Has Announced That It Will Be Increasing Its Dividend To €0.75
Apr 20Shareholders May Be More Conservative With Kitron ASA's (OB:KIT) CEO Compensation For Now
Apr 19Kitron's (OB:KIT) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 05Kitron (OB:KIT) Is Paying Out A Larger Dividend Than Last Year
Mar 14Kitron (OB:KIT) Is Paying Out A Larger Dividend Than Last Year
Feb 21Analyst Estimates: Here's What Brokers Think Of Kitron ASA (OB:KIT) After Its Annual Report
Feb 18Analysts Have Just Cut Their Kitron ASA (OB:KIT) Revenue Estimates By 12%
Dec 20What Is Kitron ASA's (OB:KIT) Share Price Doing?
Dec 14These 4 Measures Indicate That Kitron (OB:KIT) Is Using Debt Reasonably Well
Oct 26Are Investors Undervaluing Kitron ASA (OB:KIT) By 23%?
Aug 23Kitron (OB:KIT) Is Reinvesting To Multiply In Value
Jul 16Is Now The Time To Put Kitron (OB:KIT) On Your Watchlist?
Jul 04Forecast: Analysts Think Kitron ASA's (OB:KIT) Business Prospects Have Improved Drastically
May 03What Is Kitron ASA's (OB:KIT) Share Price Doing?
Feb 16Capital Allocation Trends At Kitron (OB:KIT) Aren't Ideal
Apr 29Kitron (OB:KIT) Has Announced That Its Dividend Will Be Reduced To kr0.25
Apr 01Is Kitron (OB:KIT) Using Too Much Debt?
Oct 19Here's Why I Think Kitron (OB:KIT) Might Deserve Your Attention Today
Jun 10Kitron (OB:KIT) Knows How To Allocate Capital Effectively
May 30Is There An Opportunity With Kitron ASA's (OB:KIT) 21% Undervaluation?
May 17We Take A Look At Why Kitron ASA's (OB:KIT) CEO Has Earned Their Pay Packet
Apr 14These 4 Measures Indicate That Kitron (OB:KIT) Is Using Debt Reasonably Well
Apr 05Financial Position Analysis
Short Term Liabilities: KIT's short term assets (€426.9M) exceed its short term liabilities (€277.1M).
Long Term Liabilities: KIT's short term assets (€426.9M) exceed its long term liabilities (€120.2M).
Debt to Equity History and Analysis
Debt Level: KIT's net debt to equity ratio (56.1%) is considered high.
Reducing Debt: KIT's debt to equity ratio has increased from 56.1% to 77.3% over the past 5 years.
Debt Coverage: KIT's debt is well covered by operating cash flow (41.6%).
Interest Coverage: KIT's interest payments on its debt are well covered by EBIT (8.3x coverage).