LapWall Oyj Balance Sheet Health
Financial Health criteria checks 5/6
LapWall Oyj has a total shareholder equity of €16.3M and total debt of €1.0M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are €29.5M and €13.1M respectively. LapWall Oyj's EBIT is €3.3M making its interest coverage ratio 227.9. It has cash and short-term investments of €4.1M.
Key information
6.3%
Debt to equity ratio
€1.03m
Debt
| Interest coverage ratio | 227.9x |
| Cash | €4.10m |
| Equity | €16.31m |
| Total liabilities | €13.15m |
| Total assets | €29.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QJ1's short term assets (€14.2M) exceed its short term liabilities (€9.5M).
Long Term Liabilities: QJ1's short term assets (€14.2M) exceed its long term liabilities (€3.6M).
Debt to Equity History and Analysis
Debt Level: QJ1 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if QJ1's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: QJ1's debt is well covered by operating cash flow (484.8%).
Interest Coverage: QJ1's interest payments on its debt are well covered by EBIT (227.9x coverage).