Kion Group AG

XETRA KGX.DE

Kion Group AG Interest Coverage Ratio for the year ending December 31, 2023: 2.51

Kion Group AG Interest Coverage Ratio is 2.51 for the year ending December 31, 2023, a 45.77% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Kion Group AG Interest Coverage Ratio for the year ending December 31, 2022 was 1.72, a -77.23% change year over year.
Kion Group AG Interest Coverage Ratio for the year ending December 31, 2021 was 7.56, a 137.61% change year over year.
Kion Group AG Interest Coverage Ratio for the year ending December 31, 2020 was 3.18, a -37.31% change year over year.
Kion Group AG Interest Coverage Ratio for the year ending December 31, 2019 was 5.08, a 9.93% change year over year.

Key data

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

XETRA: KGX.DE

Kion Group AG

CEO	Dr. Richard Robinson Smith
IPO Date	July 8, 2013
Location	Germany
Headquarters	Thea-Rasche-Strasse 8
Employees	42,490
Sector	Consumer Discretionary
Industries Automobiles & Vehicles Automotive Parts Container Shipping Containers & Packaging Defense & Military Electric Vehicles (EVs) Machinery Warehousing

Description

Kion Group AG provides industrial trucks, warehouse technology, supply chain solutions, and related services worldwide. The company operates through Industrial Trucks & Services, and Supply Chain Solutions segments. It develops, manufactures, and sells forklift and warehouse trucks, such as counterbalance trucks with electric drive and internal combustion engine, ride-on and hand-operated industrial trucks, and towing vehicles under the Linde, Fenwick, STILL, Baoli, and OM brand names. The company also manufactures and sells spare parts; leases industrial trucks and related items; offers maintenance and repair, and fleet management services, as well as provides finance solutions. In addition, it provides integrated technology and software solutions, including conveyors, sorters, storage and retrieval systems, picking equipment, palletizers, and automated guided vehicle systems under the Dematic brand. The company was formerly known as KION Holding 1 GmbH. KION GROUP AG was founded in 2006 and is based in Frankfurt am Main, Germany.

Key trends

Past 5 years