Karnov Group Balance Sheet Health
Financial Health criteria checks 0/6
Karnov Group has a total shareholder equity of SEK2.3B and total debt of SEK2.6B, which brings its debt-to-equity ratio to 112.6%. Its total assets and total liabilities are SEK7.3B and SEK4.9B respectively. Karnov Group's EBIT is SEK141.2M making its interest coverage ratio 0.9. It has cash and short-term investments of SEK370.7M.
Key information
112.6%
Debt to equity ratio
SEK 2.64b
Debt
| Interest coverage ratio | 0.9x |
| Cash | SEK 370.70m |
| Equity | SEK 2.35b |
| Total liabilities | SEK 4.93b |
| Total assets | SEK 7.27b |
Recent financial health updates
Recent updates
Subdued Growth No Barrier To Karnov Group AB (publ) (STO:KAR) With Shares Advancing 31%
May 04
Here'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 14Financial Position Analysis
Short Term Liabilities: KAR's short term assets (SEK908.4M) do not cover its short term liabilities (SEK1.8B).
Long Term Liabilities: KAR's short term assets (SEK908.4M) do not cover its long term liabilities (SEK3.1B).
Debt to Equity History and Analysis
Debt Level: KAR's net debt to equity ratio (96.8%) is considered high.
Reducing Debt: KAR's debt to equity ratio has increased from 60% to 112.6% over the past 5 years.
Debt Coverage: KAR's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: KAR's interest payments on its debt are not well covered by EBIT (0.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 08:30 |
| End of Day Share Price | 2025/01/03 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
Karnov Group AB (publ) is covered by 4 analysts. 3 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 |
|---|---|
| Erik Moberg | Berenberg |
| Simon Jonsson | Berenberg |
| Daniel Ovin | Nordea Markets |