Olvi Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Olvi Oyj has a total shareholder equity of €318.4M and total debt of €8.3M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are €527.8M and €209.4M respectively. Olvi Oyj's EBIT is €80.4M making its interest coverage ratio -80.8. It has cash and short-term investments of €44.4M.
Key information
2.6%
Debt to equity ratio
€8.34m
Debt
| Interest coverage ratio | -80.8x |
| Cash | €44.38m |
| Equity | €318.41m |
| Total liabilities | €209.39m |
| Total assets | €527.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OVI's short term assets (€258.3M) exceed its short term liabilities (€188.7M).
Long Term Liabilities: OVI's short term assets (€258.3M) exceed its long term liabilities (€20.7M).
Debt to Equity History and Analysis
Debt Level: OVI has more cash than its total debt.
Reducing Debt: OVI's debt to equity ratio has increased from 1.4% to 2.6% over the past 5 years.
Debt Coverage: OVI's debt is well covered by operating cash flow (984.5%).
Interest Coverage: OVI earns more interest than it pays, so coverage of interest payments is not a concern.