Stora Enso Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Stora Enso Oyj has a total shareholder equity of €12.5B and total debt of €3.6B, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are €20.9B and €8.4B respectively. Stora Enso Oyj's EBIT is €1.7B making its interest coverage ratio 13.2. It has cash and short-term investments of €1.6B.
Key information
29.3%
Debt to equity ratio
€3.65b
Debt
Interest coverage ratio | 13.2x |
Cash | €1.62b |
Equity | €12.46b |
Total liabilities | €8.42b |
Total assets | €20.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENUR's short term assets (€5.5B) exceed its short term liabilities (€3.7B).
Long Term Liabilities: ENUR's short term assets (€5.5B) exceed its long term liabilities (€4.7B).
Debt to Equity History and Analysis
Debt Level: ENUR's net debt to equity ratio (16.2%) is considered satisfactory.
Reducing Debt: ENUR's debt to equity ratio has reduced from 51.4% to 29.3% over the past 5 years.
Debt Coverage: ENUR's debt is well covered by operating cash flow (48%).
Interest Coverage: ENUR's interest payments on its debt are well covered by EBIT (13.2x coverage).