Kentima Holding Balance Sheet Health
Financial Health criteria checks 4/6
Kentima Holding has a total shareholder equity of SEK32.8M and total debt of SEK8.1M, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are SEK51.5M and SEK18.8M respectively. Kentima Holding's EBIT is SEK3.2M making its interest coverage ratio 2.1. It has cash and short-term investments of SEK657.0K.
Key information
24.6%
Debt to equity ratio
kr8.06m
Debt
Interest coverage ratio | 2.1x |
Cash | kr657.00k |
Equity | kr32.79m |
Total liabilities | kr18.76m |
Total assets | kr51.55m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: KENH's short term assets (SEK24.9M) exceed its short term liabilities (SEK17.5M).
Long Term Liabilities: KENH's short term assets (SEK24.9M) exceed its long term liabilities (SEK1.3M).
Debt to Equity History and Analysis
Debt Level: KENH's net debt to equity ratio (22.6%) is considered satisfactory.
Reducing Debt: KENH's debt to equity ratio has increased from 3.1% to 24.6% over the past 5 years.
Debt Coverage: KENH's debt is well covered by operating cash flow (71.3%).
Interest Coverage: KENH's interest payments on its debt are not well covered by EBIT (2.1x coverage).