Witted Megacorp Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Witted Megacorp Oyj has a total shareholder equity of €14.8M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €26.7M and €11.9M respectively. Witted Megacorp Oyj's EBIT is €939.7K making its interest coverage ratio -2.1. It has cash and short-term investments of €6.4M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | -2.1x |
| Cash | €6.39m |
| Equity | €14.79m |
| Total liabilities | €11.90m |
| Total assets | €26.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8OS's short term assets (€18.2M) exceed its short term liabilities (€11.9M).
Long Term Liabilities: 8OS's short term assets (€18.2M) exceed its long term liabilities (€1,000.0).
Debt to Equity History and Analysis
Debt Level: 8OS is debt free.
Reducing Debt: 8OS had no debt 5 years ago.
Debt Coverage: 8OS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8OS has no debt, therefore coverage of interest payments is not a concern.