Partnera Oy Balance Sheet Health
Financial Health criteria checks 2/6
Partnera Oy has a total shareholder equity of €45.9M and total debt of €21.2M, which brings its debt-to-equity ratio to 46.2%. Its total assets and total liabilities are €83.1M and €37.2M respectively. Partnera Oy's EBIT is €1.9M making its interest coverage ratio 0.6. It has cash and short-term investments of €6.2M.
Key information
46.2%
Debt to equity ratio
€21.20m
Debt
Interest coverage ratio | 0.6x |
Cash | €6.19m |
Equity | €45.93m |
Total liabilities | €37.15m |
Total assets | €83.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5TQ's short term assets (€23.9M) exceed its short term liabilities (€11.2M).
Long Term Liabilities: 5TQ's short term assets (€23.9M) do not cover its long term liabilities (€26.0M).
Debt to Equity History and Analysis
Debt Level: 5TQ's net debt to equity ratio (32.7%) is considered satisfactory.
Reducing Debt: 5TQ's debt to equity ratio has increased from 20.3% to 46.2% over the past 5 years.
Debt Coverage: 5TQ's debt is not well covered by operating cash flow (3%).
Interest Coverage: 5TQ's interest payments on its debt are not well covered by EBIT (0.6x coverage).