Metsä Board Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Metsä Board Oyj has a total shareholder equity of €1.9B and total debt of €441.5M, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are €3.0B and €1.1B respectively. Metsä Board Oyj's EBIT is €26.7M making its interest coverage ratio 8.3. It has cash and short-term investments of €265.3M.
Key information
23.2%
Debt to equity ratio
€441.50m
Debt
Interest coverage ratio | 8.3x |
Cash | €265.30m |
Equity | €1.90b |
Total liabilities | €1.09b |
Total assets | €2.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MSRB's short term assets (€1.0B) exceed its short term liabilities (€525.1M).
Long Term Liabilities: MSRB's short term assets (€1.0B) exceed its long term liabilities (€563.3M).
Debt to Equity History and Analysis
Debt Level: MSRB's net debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: MSRB's debt to equity ratio has reduced from 31.1% to 23.2% over the past 5 years.
Debt Coverage: MSRB's debt is well covered by operating cash flow (47.2%).
Interest Coverage: MSRB's interest payments on its debt are well covered by EBIT (8.3x coverage).