Kitron Balance Sheet Health
Financial Health criteria checks 5/6
Kitron has a total shareholder equity of €192.9M and total debt of €167.1M, which brings its debt-to-equity ratio to 86.6%. Its total assets and total liabilities are €547.7M and €354.8M respectively. Kitron's EBIT is €53.3M making its interest coverage ratio 5.2. It has cash and short-term investments of €48.7M.
Key information
86.6%
Debt to equity ratio
€167.10m
Debt
| Interest coverage ratio | 5.2x |
| Cash | €48.70m |
| Equity | €192.90m |
| Total liabilities | €354.80m |
| Total assets | €547.70m |
Recent financial health updates
Recent updates
Kitron ASA Just Recorded A 30% EPS Beat: Here's What Analysts Are Forecasting Next
Oct 27
Here's What To Make Of Kitron's (OB:KIT) Decelerating Rates Of Return
Sep 24There's Reason For Concern Over Kitron ASA's (OB:KIT) Massive 27% Price Jump
Jul 14Should You Be Adding Kitron (OB:KIT) To Your Watchlist Today?
Jul 12Earnings Miss: Kitron ASA Missed EPS By 40% And Analysts Are Revising Their Forecasts
May 01Kitron (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 01Financial Position Analysis
Short Term Liabilities: KIT's short term assets (€398.9M) exceed its short term liabilities (€240.9M).
Long Term Liabilities: KIT's short term assets (€398.9M) exceed its long term liabilities (€113.9M).
Debt to Equity History and Analysis
Debt Level: KIT's net debt to equity ratio (61.4%) is considered high.
Reducing Debt: KIT's debt to equity ratio has reduced from 99.1% to 86.6% over the past 5 years.
Debt Coverage: KIT's debt is well covered by operating cash flow (37.6%).
Interest Coverage: KIT's interest payments on its debt are well covered by EBIT (5.2x coverage).