Lindex Group Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Lindex Group Oyj has a total shareholder equity of €360.5M and total debt of €73.1M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are €1.3B and €917.7M respectively. Lindex Group Oyj's EBIT is €65.2M making its interest coverage ratio 2.2. It has cash and short-term investments of €83.7M.
Key information
20.3%
Debt to equity ratio
€73.10m
Debt
Interest coverage ratio | 2.2x |
Cash | €83.70m |
Equity | €360.50m |
Total liabilities | €917.70m |
Total assets | €1.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOMB's short term assets (€312.9M) exceed its short term liabilities (€275.2M).
Long Term Liabilities: SOMB's short term assets (€312.9M) do not cover its long term liabilities (€642.5M).
Debt to Equity History and Analysis
Debt Level: SOMB has more cash than its total debt.
Reducing Debt: SOMB's debt to equity ratio has reduced from 60.3% to 20.3% over the past 5 years.
Debt Coverage: SOMB's debt is well covered by operating cash flow (151%).
Interest Coverage: SOMB's interest payments on its debt are not well covered by EBIT (2.2x coverage).