Toivo Group Oyj Balance Sheet Health
Financial Health criteria checks 1/6
Toivo Group Oyj has a total shareholder equity of €68.7M and total debt of €86.6M, which brings its debt-to-equity ratio to 126.1%. Its total assets and total liabilities are €189.9M and €121.2M respectively. Toivo Group Oyj's EBIT is €6.6M making its interest coverage ratio 1.6. It has cash and short-term investments of €3.1M.
Key information
126.1%
Debt to equity ratio
€86.57m
Debt
Interest coverage ratio | 1.6x |
Cash | €3.11m |
Equity | €68.67m |
Total liabilities | €121.25m |
Total assets | €189.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LF's short term assets (€49.3M) exceed its short term liabilities (€25.7M).
Long Term Liabilities: 0LF's short term assets (€49.3M) do not cover its long term liabilities (€95.5M).
Debt to Equity History and Analysis
Debt Level: 0LF's net debt to equity ratio (121.5%) 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 (5.7%).
Interest Coverage: 0LF's interest payments on its debt are not well covered by EBIT (1.6x coverage).