Lamor Oyj has a total shareholder equity of €64.7M and total debt of €68.2M, which brings its debt-to-equity ratio to 105.3%. Its total assets and total liabilities are €186.9M and €122.2M respectively. Lamor Oyj's EBIT is €6.6M making its interest coverage ratio 1.6. It has cash and short-term investments of €3.8M.
Key information
105.3%
Debt to equity ratio
€68.16m
Debt
Interest coverage ratio
1.6x
Cash
€3.78m
Equity
€64.70m
Total liabilities
€122.19m
Total assets
€186.90m
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GB9's short term assets (€129.6M) exceed its short term liabilities (€70.6M).
Long Term Liabilities: GB9's short term assets (€129.6M) exceed its long term liabilities (€51.6M).
Debt to Equity History and Analysis
Debt Level: GB9's net debt to equity ratio (99.5%) is considered high.
Reducing Debt: GB9's debt to equity ratio has increased from 86.7% to 105.3% over the past 5 years.
Debt Coverage: GB9's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GB9's interest payments on its debt are not well covered by EBIT (1.6x coverage).