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 SEK463.8M, which brings its debt-to-equity ratio to 41.4%. Its total assets and total liabilities are SEK2.2B and SEK1.1B respectively. Karnell Group's EBIT is SEK149.2M making its interest coverage ratio 5.5. It has cash and short-term investments of SEK241.3M.
Key information
41.4%
Debt to equity ratio
SEK 463.80m
Debt
| Interest coverage ratio | 5.5x |
| Cash | SEK 241.30m |
| Equity | SEK 1.12b |
| Total liabilities | SEK 1.06b |
| Total assets | SEK 2.18b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: KARNEL B's short term assets (SEK838.6M) exceed its short term liabilities (SEK375.8M).
Long Term Liabilities: KARNEL B's short term assets (SEK838.6M) exceed its long term liabilities (SEK684.2M).
Debt to Equity History and Analysis
Debt Level: KARNEL B's net debt to equity ratio (19.8%) 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 (113.8%).
Interest Coverage: KARNEL B's interest payments on its debt are well covered by EBIT (5.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:03 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Karnell Group AB (publ) is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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