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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 11:26 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Olvi Oyj is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Carl-Henrik Frejborg | Carnegie Investment Bank AB |
| André Thormann | Danske Bank |
| null null | Evli Bank plc |