Kardex Holding AG

Swiss Stock Exchange KARN.SW

Kardex Holding AG Interest Coverage Ratio for the year ending December 31, 2023: 436.50

Kardex Holding AG Interest Coverage Ratio is 436.50 for the year ending December 31, 2023, a 384.10% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Kardex Holding AG Interest Coverage Ratio for the year ending December 31, 2022 was 90.17, a 130.80% change year over year.
Kardex Holding AG Interest Coverage Ratio for the year ending December 31, 2021 was 39.07, a -0.56% change year over year.
Kardex Holding AG Interest Coverage Ratio for the year ending December 31, 2020 was 39.29, a 74.60% change year over year.
Kardex Holding AG Interest Coverage Ratio for the year ending December 31, 2019 was 22.50, a -36.32% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Swiss Stock Exchange: KARN.SW

Kardex Holding AG

CEO	Mr. Jens Hardenacke
IPO Date	June 3, 2004
Location	Switzerland
Headquarters	Airgate
Employees	2,538
Sector	Industrials
Industries Warehousing 3D Printing Containers & Packaging Machinery Robotics

Description

Kardex Holding AG provides intralogistics solutions; and supplies automated storage solutions and materials handling systems worldwide. The company operates in two segments, Kardex Remstar and Kardex Mlog. The Kardex Remstar segment develops, produces, and maintains dynamic storage and retrieval systems. The Kardex Mlog segment offers integrated material handling systems and automated high bay warehouses. The company provides vertical buffer, carousel, and lift, as well as horizontal carousel modules; heavy duty units; office solutions; stacker cranes; AutoStore; pick and place robotics; conveyor systems; software and control solutions; and accessories. Its products are used in automated storage and retrieval systems, buffering and sequencing, order fulfillment, controlled environment, document storage, and general contractor applications. Kardex Holding AG is headquartered in Zurich, Switzerland.

Key trends

Past 5 years