Sitowise Group Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Sitowise Group Oyj has a total shareholder equity of €117.7M and total debt of €70.5M, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are €263.8M and €146.1M respectively. Sitowise Group Oyj's EBIT is €3.2M making its interest coverage ratio 0.6. It has cash and short-term investments of €10.2M.
Key information
59.9%
Debt to equity ratio
€70.51m
Debt
| Interest coverage ratio | 0.6x |
| Cash | €10.22m |
| Equity | €117.73m |
| Total liabilities | €146.09m |
| Total assets | €263.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1FT's short term assets (€61.4M) exceed its short term liabilities (€56.4M).
Long Term Liabilities: 1FT's short term assets (€61.4M) do not cover its long term liabilities (€89.7M).
Debt to Equity History and Analysis
Debt Level: 1FT's net debt to equity ratio (51.2%) is considered high.
Reducing Debt: 1FT's debt to equity ratio has reduced from 106.3% to 59.9% over the past 5 years.
Debt Coverage: 1FT's debt is well covered by operating cash flow (22.9%).
Interest Coverage: 1FT's interest payments on its debt are not well covered by EBIT (0.6x coverage).