Toivo Group Oyj Balance Sheet Health
Financial Health criteria checks 1/6
Toivo Group Oyj has a total shareholder equity of €68.5M and total debt of €72.0M, which brings its debt-to-equity ratio to 105.1%. Its total assets and total liabilities are €161.2M and €92.6M respectively. Toivo Group Oyj's EBIT is €7.2M making its interest coverage ratio 1.6. It has cash and short-term investments of €9.9M.
Key information
105.1%
Debt to equity ratio
€72.01m
Debt
| Interest coverage ratio | 1.6x |
| Cash | €9.88m |
| Equity | €68.54m |
| Total liabilities | €92.64m |
| Total assets | €161.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LF's short term assets (€25.0M) exceed its short term liabilities (€12.3M).
Long Term Liabilities: 0LF's short term assets (€25.0M) do not cover its long term liabilities (€80.3M).
Debt to Equity History and Analysis
Debt Level: 0LF's net debt to equity ratio (90.7%) is considered high.
Reducing Debt: Insufficient data to determine if 0LF's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 0LF's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: 0LF's interest payments on its debt are not well covered by EBIT (1.6x coverage).