Konecranes Balance Sheet Health
Financial Health criteria checks 5/6
Konecranes has a total shareholder equity of €1.5B and total debt of €960.9M, which brings its debt-to-equity ratio to 62.5%. Its total assets and total liabilities are €4.6B and €3.1B respectively. Konecranes's EBIT is €436.5M making its interest coverage ratio 16.9. It has cash and short-term investments of €623.8M.
Key information
62.5%
Debt to equity ratio
€960.90m
Debt
Interest coverage ratio | 16.9x |
Cash | €623.80m |
Equity | €1.54b |
Total liabilities | €3.06b |
Total assets | €4.60b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KNCR.F's short term assets (€2.6B) exceed its short term liabilities (€1.9B).
Long Term Liabilities: KNCR.F's short term assets (€2.6B) exceed its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: KNCR.F's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: KNCR.F's debt to equity ratio has increased from 58.9% to 62.5% over the past 5 years.
Debt Coverage: KNCR.F's debt is well covered by operating cash flow (51%).
Interest Coverage: KNCR.F's interest payments on its debt are well covered by EBIT (16.9x coverage).