Klöckner & Co Balance Sheet Health
Financial Health criteria checks 4/6
Klöckner & Co has a total shareholder equity of €1.8B and total debt of €794.4M, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are €3.9B and €2.1B respectively. Klöckner & Co's EBIT is €52.4M making its interest coverage ratio 1.2. It has cash and short-term investments of €154.9M.
Key information
45.3%
Debt to equity ratio
€794.42m
Debt
Interest coverage ratio | 1.2x |
Cash | €154.90m |
Equity | €1.75b |
Total liabilities | €2.11b |
Total assets | €3.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KLKN.F's short term assets (€2.7B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: KLKN.F's short term assets (€2.7B) exceed its long term liabilities (€847.6M).
Debt to Equity History and Analysis
Debt Level: KLKN.F's net debt to equity ratio (36.4%) is considered satisfactory.
Reducing Debt: KLKN.F's debt to equity ratio has increased from 38.6% to 45.3% over the past 5 years.
Debt Coverage: KLKN.F's debt is well covered by operating cash flow (40.5%).
Interest Coverage: KLKN.F's interest payments on its debt are not well covered by EBIT (1.2x coverage).