Kitron Balance Sheet Health
Financial Health criteria checks 4/6
Kitron has a total shareholder equity of €189.9M and total debt of €170.7M, which brings its debt-to-equity ratio to 89.9%. Its total assets and total liabilities are €569.0M and €379.1M respectively. Kitron's EBIT is €63.0M making its interest coverage ratio 6.8. It has cash and short-term investments of €47.6M.
Key information
89.9%
Debt to equity ratio
€170.70m
Debt
Interest coverage ratio | 6.8x |
Cash | €47.60m |
Equity | €189.90m |
Total liabilities | €379.10m |
Total assets | €569.00m |
Recent financial health updates
These 4 Measures Indicate That Kitron (OB:KIT) Is Using Debt Reasonably Well
Oct 26Is Kitron (OB:KIT) Using Too Much Debt?
Oct 19Recent updates
Earnings 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 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 17Financial Position Analysis
Short Term Liabilities: KIT's short term assets (€414.3M) exceed its short term liabilities (€263.2M).
Long Term Liabilities: KIT's short term assets (€414.3M) exceed its long term liabilities (€115.9M).
Debt to Equity History and Analysis
Debt Level: KIT's net debt to equity ratio (64.8%) is considered high.
Reducing Debt: KIT's debt to equity ratio has increased from 85.6% to 89.9% over the past 5 years.
Debt Coverage: KIT's debt is well covered by operating cash flow (33.4%).
Interest Coverage: KIT's interest payments on its debt are well covered by EBIT (6.8x coverage).