Ponsse Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Ponsse Oyj has a total shareholder equity of €309.9M and total debt of €106.7M, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are €564.3M and €254.4M respectively. Ponsse Oyj's EBIT is €31.8M making its interest coverage ratio 2.2. It has cash and short-term investments of €63.2M.
Key information
34.4%
Debt to equity ratio
€106.68m
Debt
| Interest coverage ratio | 2.2x |
| Cash | €63.15m |
| Equity | €309.90m |
| Total liabilities | €254.42m |
| Total assets | €564.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNS's short term assets (€383.1M) exceed its short term liabilities (€182.9M).
Long Term Liabilities: PNS's short term assets (€383.1M) exceed its long term liabilities (€71.5M).
Debt to Equity History and Analysis
Debt Level: PNS's net debt to equity ratio (14%) is considered satisfactory.
Reducing Debt: PNS's debt to equity ratio has reduced from 41.4% to 34.4% over the past 5 years.
Debt Coverage: PNS's debt is well covered by operating cash flow (67.2%).
Interest Coverage: PNS's interest payments on its debt are not well covered by EBIT (2.2x coverage).