Sanoma Oyj Balance Sheet Health
Financial Health criteria checks 1/6
Sanoma Oyj has a total shareholder equity of €772.8M and total debt of €558.5M, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are €2.0B and €1.2B respectively. Sanoma Oyj's EBIT is €72.2M making its interest coverage ratio 2.4. It has cash and short-term investments of €16.4M.
Key information
72.3%
Debt to equity ratio
€558.50m
Debt
Interest coverage ratio | 2.4x |
Cash | €16.40m |
Equity | €772.80m |
Total liabilities | €1.20b |
Total assets | €1.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNQB's short term assets (€229.5M) do not cover its short term liabilities (€616.7M).
Long Term Liabilities: SNQB's short term assets (€229.5M) do not cover its long term liabilities (€586.3M).
Debt to Equity History and Analysis
Debt Level: SNQB's net debt to equity ratio (70.1%) is considered high.
Reducing Debt: SNQB's debt to equity ratio has increased from 71.4% to 72.3% over the past 5 years.
Debt Coverage: SNQB's debt is well covered by operating cash flow (30.7%).
Interest Coverage: SNQB's interest payments on its debt are not well covered by EBIT (2.4x coverage).