Knorr-Bremse AG Stock
€74.65
Your prediction
Knorr-Bremse AG Stock
Pros and Cons of Knorr-Bremse AG in the next few years
Pros
Cons
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Drawing from the financial statements for the last three years, plus the first quarter of 2023, Knorr-Bremse presents itself as a resilient entity within its industry. There's an indication of consistent growth given by the rising trends in total assets from 7389.965 million EUR in 2020 to 8088.814 million EUR in optimistically Q1 2023. The financial health of the company is further exemplified by the impressive increase in total stockholder equity.
Clearly, the company has a strong cash position, as reflected by its cash and cash equivalents. Moreover, it has experienced a notable increase in net receivables over the years. This is an indication of successful sales on credit and efficient collection processes.
Also commendable is the exponential increase in retained earnings. By retaining more profits within the business, the company avoids dividend payouts, hence retaining more funds for internal growth financing.