Aspo Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Aspo Oyj has a total shareholder equity of €177.6M and total debt of €175.6M, which brings its debt-to-equity ratio to 98.9%. Its total assets and total liabilities are €464.0M and €286.4M respectively. Aspo Oyj's EBIT is €11.7M making its interest coverage ratio 1.3. It has cash and short-term investments of €67.9M.
Key information
98.9%
Debt to equity ratio
€175.60m
Debt
Interest coverage ratio | 1.3x |
Cash | €67.90m |
Equity | €177.60m |
Total liabilities | €286.40m |
Total assets | €464.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZYD's short term assets (€251.1M) exceed its short term liabilities (€159.4M).
Long Term Liabilities: ZYD's short term assets (€251.1M) exceed its long term liabilities (€127.0M).
Debt to Equity History and Analysis
Debt Level: ZYD's net debt to equity ratio (60.6%) is considered high.
Reducing Debt: ZYD's debt to equity ratio has reduced from 162.5% to 98.9% over the past 5 years.
Debt Coverage: ZYD's debt is well covered by operating cash flow (23.3%).
Interest Coverage: ZYD's interest payments on its debt are not well covered by EBIT (1.3x coverage).