Kitron Balance Sheet Health
Financial Health criteria checks 5/6
Kitron has a total shareholder equity of €187.0M and total debt of €163.7M, which brings its debt-to-equity ratio to 87.5%. Its total assets and total liabilities are €551.8M and €364.8M respectively. Kitron's EBIT is €58.8M making its interest coverage ratio 5. It has cash and short-term investments of €40.8M.
Key information
87.5%
Debt to equity ratio
€163.70m
Debt
| Interest coverage ratio | 5x |
| Cash | €40.80m |
| Equity | €187.00m |
| Total liabilities | €364.80m |
| Total assets | €551.80m |
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 19Recent updates
There'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 01Is Kitron (OB:KIT) Using Too Much Debt?
Oct 19Financial Position Analysis
Short Term Liabilities: KIT's short term assets (€398.3M) exceed its short term liabilities (€243.0M).
Long Term Liabilities: KIT's short term assets (€398.3M) exceed its long term liabilities (€121.8M).
Debt to Equity History and Analysis
Debt Level: KIT's net debt to equity ratio (65.7%) is considered high.
Reducing Debt: KIT's debt to equity ratio has reduced from 104.4% to 87.5% over the past 5 years.
Debt Coverage: KIT's debt is well covered by operating cash flow (38.5%).
Interest Coverage: KIT's interest payments on its debt are well covered by EBIT (5x coverage).