Glaston Oyj Abp Balance Sheet Health
Financial Health criteria checks 4/6
Glaston Oyj Abp has a total shareholder equity of €69.9M and total debt of €23.9M, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are €190.9M and €121.0M respectively. Glaston Oyj Abp's EBIT is €7.9M making its interest coverage ratio 6.4. It has cash and short-term investments of €12.2M.
Key information
34.2%
Debt to equity ratio
€23.90m
Debt
Interest coverage ratio | 6.4x |
Cash | €12.20m |
Equity | €69.90m |
Total liabilities | €121.00m |
Total assets | €190.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KRY0's short term assets (€81.1M) do not cover its short term liabilities (€84.5M).
Long Term Liabilities: KRY0's short term assets (€81.1M) exceed its long term liabilities (€36.5M).
Debt to Equity History and Analysis
Debt Level: KRY0's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: KRY0's debt to equity ratio has increased from 20.8% to 34.2% over the past 5 years.
Debt Coverage: KRY0's debt is well covered by operating cash flow (28.3%).
Interest Coverage: KRY0's interest payments on its debt are well covered by EBIT (6.4x coverage).