Sitowise Group Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Sitowise Group Oyj has a total shareholder equity of €118.6M and total debt of €71.0M, which brings its debt-to-equity ratio to 59.8%. Its total assets and total liabilities are €271.9M and €153.3M respectively. Sitowise Group Oyj's EBIT is €8.2M making its interest coverage ratio 1.9. It has cash and short-term investments of €14.2M.
Key information
59.8%
Debt to equity ratio
€70.95m
Debt
Interest coverage ratio | 1.9x |
Cash | €14.25m |
Equity | €118.59m |
Total liabilities | €153.27m |
Total assets | €271.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1FT's short term assets (€70.4M) exceed its short term liabilities (€62.9M).
Long Term Liabilities: 1FT's short term assets (€70.4M) do not cover its long term liabilities (€90.4M).
Debt to Equity History and Analysis
Debt Level: 1FT's net debt to equity ratio (47.8%) is considered high.
Reducing Debt: 1FT's debt to equity ratio has reduced from 106.3% to 59.8% over the past 5 years.
Debt Coverage: 1FT's debt is well covered by operating cash flow (24.3%).
Interest Coverage: 1FT's interest payments on its debt are not well covered by EBIT (1.9x coverage).