Karnov Group Balance Sheet Health
Financial Health criteria checks 1/6
Karnov Group has a total shareholder equity of SEK2.4B and total debt of SEK2.3B, which brings its debt-to-equity ratio to 95.6%. Its total assets and total liabilities are SEK7.2B and SEK4.8B respectively. Karnov Group's EBIT is SEK158.5M making its interest coverage ratio 0.9. It has cash and short-term investments of SEK523.7M.
Key information
95.6%
Debt to equity ratio
kr2.29b
Debt
| Interest coverage ratio | 0.9x |
| Cash | kr523.70m |
| Equity | kr2.40b |
| Total liabilities | kr4.83b |
| Total assets | kr7.23b |
Recent financial health updates
We Think Karnov Group (STO:KAR) Can Stay On Top Of Its Debt
Oct 14
Here's Why Karnov Group (STO:KAR) Can Manage Its Debt Responsibly
May 17Recent updates
Subdued Growth No Barrier To Karnov Group AB (publ) (STO:KAR) With Shares Advancing 31%
May 04Here's Why Karnov Group AB (publ)'s (STO:KAR) CEO Compensation Is The Least Of Shareholders' Concerns
May 02There's Reason For Concern Over Karnov Group AB (publ)'s (STO:KAR) Price
Feb 15Is There An Opportunity With Karnov Group AB (publ)'s (STO:KAR) 40% Undervaluation?
Nov 11Karnov Group (STO:KAR) Could Be Struggling To Allocate Capital
Jun 03Analyst Forecasts Just Became More Bearish On Karnov Group AB (publ) (STO:KAR)
May 04Returns On Capital At Karnov Group (STO:KAR) Paint A Concerning Picture
Apr 09A Look At The Intrinsic Value Of Karnov Group AB (publ) (STO:KAR)
Jan 10We Think Karnov Group (STO:KAR) Can Stay On Top Of Its Debt
Oct 14Karnov Group AB (publ)'s (STO:KAR) Share Price Not Quite Adding Up
Jun 01Here's Why Karnov Group (STO:KAR) Can Manage Its Debt Responsibly
May 17Capital Allocation Trends At Karnov Group (STO:KAR) Aren't Ideal
Apr 12Key Things To Consider Before Buying Karnov Group AB (publ) (STO:KAR) For Its Dividend
Mar 30Does Karnov Group AB (publ) (STO:KAR) Create Value For Shareholders?
Mar 17Independent Director Mark Redwood Just Bought A Handful Of Shares In Karnov Group AB (publ) (STO:KAR)
Mar 03Results: Karnov Group AB (publ) Beat Earnings Expectations And Analysts Now Have New Forecasts
Feb 28Financial Position Analysis
Short Term Liabilities: KAR's short term assets (SEK1.1B) do not cover its short term liabilities (SEK2.0B).
Long Term Liabilities: KAR's short term assets (SEK1.1B) do not cover its long term liabilities (SEK2.9B).
Debt to Equity History and Analysis
Debt Level: KAR's net debt to equity ratio (73.7%) is considered high.
Reducing Debt: KAR's debt to equity ratio has reduced from 274% to 95.6% over the past 5 years.
Debt Coverage: KAR's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: KAR's interest payments on its debt are not well covered by EBIT (0.9x coverage).