Purmo Group Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Purmo Group Oyj has a total shareholder equity of €437.5M and total debt of €286.4M, which brings its debt-to-equity ratio to 65.5%. Its total assets and total liabilities are €1.0B and €575.7M respectively. Purmo Group Oyj's EBIT is €53.9M making its interest coverage ratio 3.8. It has cash and short-term investments of €101.3M.
Key information
65.5%
Debt to equity ratio
€286.40m
Debt
Interest coverage ratio | 3.8x |
Cash | €101.30m |
Equity | €437.50m |
Total liabilities | €575.70m |
Total assets | €1.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4M9's short term assets (€383.3M) exceed its short term liabilities (€236.4M).
Long Term Liabilities: 4M9's short term assets (€383.3M) exceed its long term liabilities (€339.3M).
Debt to Equity History and Analysis
Debt Level: 4M9's net debt to equity ratio (42.3%) is considered high.
Reducing Debt: Insufficient data to determine if 4M9's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4M9's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: 4M9's interest payments on its debt are well covered by EBIT (3.8x coverage).