Anora Group Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Anora Group Oyj has a total shareholder equity of €390.8M and total debt of €164.9M, which brings its debt-to-equity ratio to 42.2%. Its total assets and total liabilities are €988.7M and €597.9M respectively. Anora Group Oyj's EBIT is €34.7M making its interest coverage ratio 2.5. It has cash and short-term investments of €65.9M.
Key information
42.2%
Debt to equity ratio
€164.90m
Debt
| Interest coverage ratio | 2.5x |
| Cash | €65.90m |
| Equity | €390.80m |
| Total liabilities | €597.90m |
| Total assets | €988.70m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 28Q's short term assets (€358.0M) exceed its short term liabilities (€291.1M).
Long Term Liabilities: 28Q's short term assets (€358.0M) exceed its long term liabilities (€306.8M).
Debt to Equity History and Analysis
Debt Level: 28Q's net debt to equity ratio (25.3%) is considered satisfactory.
Reducing Debt: 28Q's debt to equity ratio has reduced from 55.4% to 42.2% over the past 5 years.
Debt Coverage: 28Q's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: 28Q's interest payments on its debt are not well covered by EBIT (2.5x coverage).