Karnov Group Balance Sheet Health
Financial Health criteria checks 0/6
Karnov Group has a total shareholder equity of SEK2.4B and total debt of SEK2.7B, which brings its debt-to-equity ratio to 111.8%. Its total assets and total liabilities are SEK7.5B and SEK5.1B respectively. Karnov Group's EBIT is SEK154.0M making its interest coverage ratio 1.1. It has cash and short-term investments of SEK494.3M.
Key information
111.8%
Debt to equity ratio
SEK 2.66b
Debt
Interest coverage ratio | 1.1x |
Cash | SEK 494.30m |
Equity | SEK 2.38b |
Total liabilities | SEK 5.11b |
Total assets | SEK 7.49b |
Recent financial health updates
We Think Karnov Group (STO:KAR) Can Stay On Top Of Its Debt
Oct 14Here'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 30Financial Position Analysis
Short Term Liabilities: KAR's short term assets (SEK1.0B) do not cover its short term liabilities (SEK1.9B).
Long Term Liabilities: KAR's short term assets (SEK1.0B) do not cover its long term liabilities (SEK3.2B).
Debt to Equity History and Analysis
Debt Level: KAR's net debt to equity ratio (91%) is considered high.
Reducing Debt: KAR's debt to equity ratio has increased from 61.4% to 111.8% over the past 5 years.
Debt Coverage: KAR's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: KAR's interest payments on its debt are not well covered by EBIT (1.1x coverage).