Karnell Group Balance Sheet Health
Financial Health criteria checks 5/6
Karnell Group has a total shareholder equity of SEK774.5M and total debt of SEK376.0M, which brings its debt-to-equity ratio to 48.6%. Its total assets and total liabilities are SEK1.6B and SEK825.9M respectively. Karnell Group's EBIT is SEK136.5M making its interest coverage ratio 6.7. It has cash and short-term investments of SEK190.4M.
Key information
48.6%
Debt to equity ratio
kr376.03m
Debt
Interest coverage ratio | 6.7x |
Cash | kr190.42m |
Equity | kr774.50m |
Total liabilities | kr825.87m |
Total assets | kr1.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KARNEL B's short term assets (SEK673.4M) exceed its short term liabilities (SEK324.1M).
Long Term Liabilities: KARNEL B's short term assets (SEK673.4M) exceed its long term liabilities (SEK501.8M).
Debt to Equity History and Analysis
Debt Level: KARNEL B's net debt to equity ratio (24%) 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 (35.3%).
Interest Coverage: KARNEL B's interest payments on its debt are well covered by EBIT (6.7x coverage).