Siili Solutions Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Siili Solutions Oyj has a total shareholder equity of €40.0M and total debt of €17.1M, which brings its debt-to-equity ratio to 42.8%. Its total assets and total liabilities are €86.5M and €46.5M respectively. Siili Solutions Oyj's EBIT is €4.9M making its interest coverage ratio -6.5. It has cash and short-term investments of €17.5M.
Key information
42.8%
Debt to equity ratio
€17.12m
Debt
| Interest coverage ratio | -6.5x |
| Cash | €17.50m |
| Equity | €40.03m |
| Total liabilities | €46.50m |
| Total assets | €86.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N88's short term assets (€40.4M) exceed its short term liabilities (€28.6M).
Long Term Liabilities: N88's short term assets (€40.4M) exceed its long term liabilities (€17.9M).
Debt to Equity History and Analysis
Debt Level: N88 has more cash than its total debt.
Reducing Debt: N88's debt to equity ratio has reduced from 82.6% to 42.8% over the past 5 years.
Debt Coverage: N88's debt is well covered by operating cash flow (52.8%).
Interest Coverage: N88 earns more interest than it pays, so coverage of interest payments is not a concern.