Kitron ASA (KIT.OL) Debt Metrics
Market Cap: $9.22B
Avg Volume: 994.13K
Industry: Hardware, Equipment & Parts
Sector: Technology
How much debt does Kitron ASA have?
According to Kitron ASA's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Kitron ASA's total debt stands at $168.30M. This is broken down into:
- Long-term debt: $286.87M
- Short-term debt: $55.10M
The company's net debt, which accounts for cash and cash equivalents, is $129.30M. In terms of overall financial obligations, Kitron ASA's total liabilities amount to $4.46B.
Debt Ratios and Metrics
To better understand Kitron ASA's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.08 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 2.58% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 5.32 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 4.46% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 7.56% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Kitron ASA's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$168.30M
Long-term Debt
$286.87M
Short-term Debt
$55.10M
Net Debt
$129.30M
Total Liabilities
$4.46B
Interest Coverage
5.32
Debt to Equity Ratio
0.08
Debt Ratio
2.58%
Kitron ASA Historical Debt Metrics
Kitron ASA Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $168.30M | $286.87M | $55.10M | $129.30M | $4.46B | 0.08 | 2.58% | 5.32 | 4.46% | 7.56% |
| 2022 | $1.90B | $1.26B | $61.20M | $1.63B | $4.37B | 1.26 | 32.33% | 6.57 | 42.03% | 55.77% |
| 2021 | $999.48M | $206.23M | $793.25M | $571.44M | $2.08B | 0.81 | 30.20% | 9.42 | 4.31% | 44.87% |
| 2020 | $910.62M | $267.89M | $642.72M | $758.04M | $1.77B | 1.03 | 34.30% | 10.91 | 9.83% | 50.69% |
| 2019 | $988.29M | $331.03M | $616.23M | $784.32M | $1.66B | 1.34 | 41.24% | 8.14 | 16.45% | 57.21% |
| 2018 | $441.80M | $40.83M | $400.97M | $396.15M | $1.17B | 0.64 | 23.68% | 13.79 | 0.97% | 38.98% |
| 2017 | $351.92M | $76.43M | $275.48M | $185.22M | $885.13M | 0.53 | 22.72% | 16.65 | 5.28% | 34.66% |
| 2016 | $350.26M | $61.46M | $288.80M | $239.70M | $768.21M | 0.60 | 25.89% | 9.94 | 6.85% | 37.46% |
| 2015 | $345.86M | $64.17M | $281.69M | $239.65M | $707.47M | 0.61 | 27.15% | 7.58 | 9.46% | 37.91% |
| 2014 | $336.21M | $15.28M | $320.94M | $334.17M | $657.31M | 0.68 | 29.19% | 2.40 | 1.62% | 40.46% |
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