Karnell Group Balance Sheet Health
Financial Health criteria checks 5/6
Karnell Group has a total shareholder equity of SEK1.1B and total debt of SEK432.5M, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are SEK2.1B and SEK975.0M respectively. Karnell Group's EBIT is SEK131.5M making its interest coverage ratio 5.2. It has cash and short-term investments of SEK339.9M.
Key information
39.5%
Debt to equity ratio
SEK 432.50m
Debt
| Interest coverage ratio | 5.2x |
| Cash | SEK 339.90m |
| Equity | SEK 1.09b |
| Total liabilities | SEK 975.00m |
| Total assets | SEK 2.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KARNEL B's short term assets (SEK918.5M) exceed its short term liabilities (SEK393.9M).
Long Term Liabilities: KARNEL B's short term assets (SEK918.5M) exceed its long term liabilities (SEK581.1M).
Debt to Equity History and Analysis
Debt Level: KARNEL B's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if KARNEL B's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KARNEL B's debt is well covered by operating cash flow (31.3%).
Interest Coverage: KARNEL B's interest payments on its debt are well covered by EBIT (5.2x coverage).