Kreate Group Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Kreate Group Oyj has a total shareholder equity of €43.8M and total debt of €33.2M, which brings its debt-to-equity ratio to 75.8%. Its total assets and total liabilities are €136.3M and €92.5M respectively. Kreate Group Oyj's EBIT is €10.1M making its interest coverage ratio 4.5. It has cash and short-term investments of €10.2M.
Key information
75.8%
Debt to equity ratio
€33.20m
Debt
| Interest coverage ratio | 4.5x |
| Cash | €10.20m |
| Equity | €43.80m |
| Total liabilities | €92.50m |
| Total assets | €136.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 16T's short term assets (€59.0M) do not cover its short term liabilities (€62.7M).
Long Term Liabilities: 16T's short term assets (€59.0M) exceed its long term liabilities (€29.8M).
Debt to Equity History and Analysis
Debt Level: 16T's net debt to equity ratio (52.5%) is considered high.
Reducing Debt: Insufficient data to determine if 16T's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 16T's debt is well covered by operating cash flow (57.5%).
Interest Coverage: 16T's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 19:50 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kreate Group Oyj is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Panu Laitinmäki | Danske Bank |
| Matias Rautionmaa | Danske Bank |
| Marianne Palmu | Inderes Oy |