Kesko Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Kesko Oyj has a total shareholder equity of €2.5B and total debt of €1.2B, which brings its debt-to-equity ratio to 47.9%. Its total assets and total liabilities are €8.4B and €5.9B respectively. Kesko Oyj's EBIT is €605.4M making its interest coverage ratio 5.9. It has cash and short-term investments of €354.4M.
Key information
47.9%
Debt to equity ratio
€1.20b
Debt
| Interest coverage ratio | 5.9x |
| Cash | €354.40m |
| Equity | €2.51b |
| Total liabilities | €5.94b |
| Total assets | €8.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KKOY.Y's short term assets (€2.9B) do not cover its short term liabilities (€3.4B).
Long Term Liabilities: KKOY.Y's short term assets (€2.9B) exceed its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: KKOY.Y's net debt to equity ratio (33.8%) is considered satisfactory.
Reducing Debt: KKOY.Y's debt to equity ratio has increased from 33.1% to 47.9% over the past 5 years.
Debt Coverage: KKOY.Y's debt is well covered by operating cash flow (96.4%).
Interest Coverage: KKOY.Y's interest payments on its debt are well covered by EBIT (5.9x coverage).