Raute Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Raute Oyj has a total shareholder equity of €39.5M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €135.5M and €96.0M respectively. Raute Oyj's EBIT is €2.4M making its interest coverage ratio -1.8. It has cash and short-term investments of €40.5M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | -1.8x |
Cash | €40.51m |
Equity | €39.49m |
Total liabilities | €96.00m |
Total assets | €135.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAUA's short term assets (€101.2M) exceed its short term liabilities (€90.5M).
Long Term Liabilities: RAUA's short term assets (€101.2M) exceed its long term liabilities (€5.5M).
Debt to Equity History and Analysis
Debt Level: RAUA is debt free.
Reducing Debt: RAUA has no debt compared to 5 years ago when its debt to equity ratio was 2.8%.
Debt Coverage: RAUA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RAUA has no debt, therefore coverage of interest payments is not a concern.