Ponsse Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Ponsse Oyj has a total shareholder equity of €298.9M and total debt of €102.7M, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are €568.5M and €269.6M respectively. Ponsse Oyj's EBIT is €19.8M making its interest coverage ratio 3.3. It has cash and short-term investments of €53.9M.
Key information
34.4%
Debt to equity ratio
€102.70m
Debt
| Interest coverage ratio | 3.3x |
| Cash | €53.86m |
| Equity | €298.88m |
| Total liabilities | €269.63m |
| Total assets | €568.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNS's short term assets (€382.9M) exceed its short term liabilities (€197.1M).
Long Term Liabilities: PNS's short term assets (€382.9M) exceed its long term liabilities (€72.6M).
Debt to Equity History and Analysis
Debt Level: PNS's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: PNS's debt to equity ratio has reduced from 38.4% to 34.4% over the past 5 years.
Debt Coverage: PNS's debt is well covered by operating cash flow (54.3%).
Interest Coverage: PNS's interest payments on its debt are well covered by EBIT (3.3x coverage).