Kakel Max Balance Sheet Health
Financial Health criteria checks 5/6
Kakel Max has a total shareholder equity of SEK56.8M and total debt of SEK2.3M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are SEK95.7M and SEK38.9M respectively. Kakel Max's EBIT is SEK1.9M making its interest coverage ratio 2.7. It has cash and short-term investments of SEK5.4M.
Key information
4.0%
Debt to equity ratio
kr2.28m
Debt
Interest coverage ratio | 2.7x |
Cash | kr5.36m |
Equity | kr56.85m |
Total liabilities | kr38.86m |
Total assets | kr95.71m |
Recent financial health updates
No updates
Recent updates
Here's Why I Think Kakel Max (STO:KAKEL) Is An Interesting Stock
Apr 11Will Weakness in Kakel Max AB (publ)'s (STO:KAKEL) Stock Prove Temporary Given Strong Fundamentals?
Feb 15Here's Why I Think Kakel Max (STO:KAKEL) Is An Interesting Stock
Jan 10Is There More To The Story Than Kakel Max's (STO:KAKEL) Earnings Growth?
Dec 14Financial Position Analysis
Short Term Liabilities: KAKEL's short term assets (SEK56.8M) exceed its short term liabilities (SEK29.5M).
Long Term Liabilities: KAKEL's short term assets (SEK56.8M) exceed its long term liabilities (SEK9.3M).
Debt to Equity History and Analysis
Debt Level: KAKEL has more cash than its total debt.
Reducing Debt: KAKEL's debt to equity ratio has reduced from 31.8% to 4% over the past 5 years.
Debt Coverage: KAKEL's debt is well covered by operating cash flow (423.8%).
Interest Coverage: KAKEL's interest payments on its debt are not well covered by EBIT (2.7x coverage).