Kemira Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Kemira Oyj has a total shareholder equity of €1.7B and total debt of €623.9M, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are €3.3B and €1.5B respectively. Kemira Oyj's EBIT is €308.9M making its interest coverage ratio 12.7. It has cash and short-term investments of €384.6M.
Key information
36.3%
Debt to equity ratio
€623.90m
Debt
| Interest coverage ratio | 12.7x |
| Cash | €384.60m |
| Equity | €1.72b |
| Total liabilities | €1.53b |
| Total assets | €3.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KEM's short term assets (€1.2B) exceed its short term liabilities (€840.8M).
Long Term Liabilities: KEM's short term assets (€1.2B) exceed its long term liabilities (€690.2M).
Debt to Equity History and Analysis
Debt Level: KEM's net debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: KEM's debt to equity ratio has reduced from 74.9% to 36.3% over the past 5 years.
Debt Coverage: KEM's debt is well covered by operating cash flow (82.3%).
Interest Coverage: KEM's interest payments on its debt are well covered by EBIT (12.7x coverage).