Sanoma Oyj Balance Sheet Health
Financial Health criteria checks 2/6
Sanoma Oyj has a total shareholder equity of €814.6M and total debt of €535.2M, which brings its debt-to-equity ratio to 65.7%. Its total assets and total liabilities are €2.2B and €1.4B respectively. Sanoma Oyj's EBIT is €72.0M making its interest coverage ratio 2.3. It has cash and short-term investments of €59.7M.
Key information
65.7%
Debt to equity ratio
€535.20m
Debt
| Interest coverage ratio | 2.3x |
| Cash | €59.70m |
| Equity | €814.60m |
| Total liabilities | €1.37b |
| Total assets | €2.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNQB's short term assets (€487.6M) do not cover its short term liabilities (€693.3M).
Long Term Liabilities: SNQB's short term assets (€487.6M) do not cover its long term liabilities (€672.4M).
Debt to Equity History and Analysis
Debt Level: SNQB's net debt to equity ratio (58.4%) is considered high.
Reducing Debt: SNQB's debt to equity ratio has reduced from 98.1% to 65.7% over the past 5 years.
Debt Coverage: SNQB's debt is well covered by operating cash flow (34.9%).
Interest Coverage: SNQB's interest payments on its debt are not well covered by EBIT (2.3x coverage).