To the full analysis
Kuehne + Nagel International stock: balance sheet and debt
KNIN.SWKuehne + Nagel International has a debt to equity ratio of 1.79 and an interest coverage of 24.4x.
Daily figure as of 13 Nov 2026
Debt / Equity
1.79
Interest coverage
24.4x
Current ratio
0.97
Cash & equivalents
$900.21M
Total assets
$14.32B
Equity ratio
18.5%
Goodwill
$3.06B
Plus intangible assets of $109.23M
Net debt
$3.85B
Total assets and equity ratio
How large the balance sheet of Kuehne + Nagel International AG is, how much of it is equity and how much is goodwill from acquisitions.
Equity ratio
Figures as a table
| Year | Total assets | Goodwill and intangible assets | of which goodwill | Equity ratio | Net debt |
|---|---|---|---|---|---|
| 2006 | $6.86B | $1.12B | $778.98M | 34.6% | −$433.54M |
| 2007 | $7.73B | $1.11B | $844.4M | 36.7% | −$790.39M |
| 2008 | $6.67B | $890.61M | $648.15M | 37.3% | −$1.12B |
| 2009 | $7.12B | $1.15B | $817.39M | 38.6% | −$981.83M |
| 2010 | $7.13B | $919.42M | $708.17M | 40.0% | −$1.47B |
| 2011 | $7.37B | $1.07B | $835.4M | 39.2% | −$917.02M |
| 2012 | $7.54B | $1B | $833M | 38.6% | −$1.22B |
| 2013 | $7.65B | $932.62M | $825.79M | 40.1% | −$1.45B |
| 2014 | $7.93B | $893.01M | $834.2M | 37.1% | −$1.37B |
| 2015 | $7.32B | $1.04B | $920.62M | 34.9% | −$987.83M |
| 2016 | $7.6B | $1.01B | $909.81M | 34.2% | −$991.43M |
| 2017 | $8.95B | $1.13B | $1.02B | 31.2% | −$842.6M |
| 2018 | $9.46B | $1.66B | $1.4B | 29.5% | −$172.84M |
| 2019 | $11.79B | $1.69B | $1.46B | 23.6% | $1.73B |
| 2020 | $11.82B | $1.51B | $1.39B | 24.5% | $345.68M |
| 2021 | $17.58B | $3.05B | $2.75B | 21.9% | −$499.32M |
| 2022 | $17.71B | $2.86B | $2.64B | 28.1% | −$2.49B |
| 2023 | $13.17B | $2.59B | $2.44B | 28.8% | −$231.65M |
| 2024 | $14.07B | $2.92B | $2.79B | 27.8% | $1.43B |
| 2025 | $14.32B | $3.17B | $3.06B | 18.5% | $3.85B |
The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt.
Equity and debt
What the company owns and owes
- Cash & equivalents
- Equity
- Debt
Figures as a table
| Year | Cash & equivalents | Equity | Debt | Debt / Equity |
|---|---|---|---|---|
| 2006 | $925.78M | $2.36B | $492.24M | 0.21 |
| 2007 | $1.04B | $2.83B | $248.34M | 0.09 |
| 2008 | $1.25B | $2.48B | $130.83M | 0.05 |
| 2009 | $1.18B | $2.74B | $195.65M | 0.07 |
| 2010 | $1.6B | $2.84B | $128.43M | 0.04 |
| 2011 | $1.02B | $2.86B | $104.42M | 0.04 |
| 2012 | $1.3B | $2.88B | $81.62M | 0.03 |
| 2013 | $1.51B | $3.05B | $54.01M | 0.02 |
| 2014 | $1.4B | $2.94B | $36.01M | 0.01 |
| 2015 | $1.01B | $2.55B | $21.61M | 0.01 |
| 2016 | $1.01B | $2.59B | $18M | 0.01 |
| 2017 | $864.2M | $2.79B | $21.61M | 0.01 |
| 2018 | $598.94M | $2.78B | $426.1M | 0.15 |
| 2019 | $1.09B | $2.78B | $2.83B | 1.01 |
| 2020 | $2.04B | $2.89B | $2.38B | 0.82 |
| 2021 | $2.77B | $3.85B | $2.27B | 0.59 |
| 2022 | $4.53B | $4.97B | $2.04B | 0.41 |
| 2023 | $2.41B | $3.78B | $2.18B | 0.58 |
| 2024 | $1.38B | $3.92B | $2.82B | 0.72 |
| 2025 | $900.21M | $2.62B | $4.75B | 1.79 |
Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = CHF 0.8331)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 24 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.