Kongsberg Gruppen Balance Sheet Health
Financial Health criteria checks 6/6
Kongsberg Gruppen has a total shareholder equity of NOK16.3B and total debt of NOK2.5B, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are NOK55.5B and NOK39.2B respectively. Kongsberg Gruppen's EBIT is NOK5.5B making its interest coverage ratio 24.4. It has cash and short-term investments of NOK5.9B.
Key information
15.3%
Debt to equity ratio
NOK 2.50b
Debt
Interest coverage ratio | 24.4x |
Cash | NOK 5.94b |
Equity | NOK 16.30b |
Total liabilities | NOK 39.25b |
Total assets | NOK 55.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KBGG.Y's short term assets (NOK36.2B) exceed its short term liabilities (NOK33.0B).
Long Term Liabilities: KBGG.Y's short term assets (NOK36.2B) exceed its long term liabilities (NOK6.3B).
Debt to Equity History and Analysis
Debt Level: KBGG.Y has more cash than its total debt.
Reducing Debt: KBGG.Y's debt to equity ratio has reduced from 35.2% to 15.3% over the past 5 years.
Debt Coverage: KBGG.Y's debt is well covered by operating cash flow (336.4%).
Interest Coverage: KBGG.Y's interest payments on its debt are well covered by EBIT (24.4x coverage).