Kesko Oyj Balance Sheet Health

Financial Health criteria checks 4/6

Kesko Oyj has a total shareholder equity of €2.6B and total debt of €1.1B, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are €8.2B and €5.6B respectively. Kesko Oyj's EBIT is €589.4M making its interest coverage ratio 5.4. It has cash and short-term investments of €219.9M.

Key information

40.7%

Debt to equity ratio

€1.08b

Debt

Interest coverage ratio5.4x
Cash€219.90m
Equity€2.64b
Total liabilities€5.59b
Total assets€8.23b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: KKOY.Y's short term assets (€2.7B) do not cover its short term liabilities (€3.1B).

Long Term Liabilities: KKOY.Y's short term assets (€2.7B) exceed its long term liabilities (€2.5B).


Debt to Equity History and Analysis

Debt Level: KKOY.Y's net debt to equity ratio (32.4%) is considered satisfactory.

Reducing Debt: KKOY.Y's debt to equity ratio has increased from 30.9% to 40.7% over the past 5 years.

Debt Coverage: KKOY.Y's debt is well covered by operating cash flow (97.6%).

Interest Coverage: KKOY.Y's interest payments on its debt are well covered by EBIT (5.4x coverage).


Balance Sheet


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