Kesla Oyj Balance Sheet Health
Financial Health criteria checks 2/6
Kesla Oyj has a total shareholder equity of €12.6M and total debt of €12.8M, which brings its debt-to-equity ratio to 101.9%. Its total assets and total liabilities are €34.3M and €21.7M respectively. Kesla Oyj's EBIT is €168.0K making its interest coverage ratio 0.2. It has cash and short-term investments of €101.0K.
Key information
101.9%
Debt to equity ratio
€12.79m
Debt
| Interest coverage ratio | 0.2x |
| Cash | €101.00k |
| Equity | €12.55m |
| Total liabilities | €21.73m |
| Total assets | €34.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KSLA's short term assets (€24.3M) exceed its short term liabilities (€13.3M).
Long Term Liabilities: KSLA's short term assets (€24.3M) exceed its long term liabilities (€8.4M).
Debt to Equity History and Analysis
Debt Level: KSLA's net debt to equity ratio (101.1%) is considered high.
Reducing Debt: KSLA's debt to equity ratio has increased from 90% to 101.9% over the past 5 years.
Debt Coverage: KSLA's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: KSLA's interest payments on its debt are not well covered by EBIT (0.2x coverage).