Boreo Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Boreo Oyj has a total shareholder equity of €44.8M and total debt of €32.7M, which brings its debt-to-equity ratio to 73%. Its total assets and total liabilities are €113.4M and €68.6M respectively. Boreo Oyj's EBIT is €4.4M making its interest coverage ratio 1.6. It has cash and short-term investments of €6.5M.
Key information
73.0%
Debt to equity ratio
€32.70m
Debt
Interest coverage ratio | 1.6x |
Cash | €6.50m |
Equity | €44.80m |
Total liabilities | €68.60m |
Total assets | €113.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YKK's short term assets (€49.5M) exceed its short term liabilities (€32.7M).
Long Term Liabilities: YKK's short term assets (€49.5M) exceed its long term liabilities (€35.9M).
Debt to Equity History and Analysis
Debt Level: YKK's net debt to equity ratio (58.5%) is considered high.
Reducing Debt: YKK's debt to equity ratio has increased from 12.1% to 73% over the past 5 years.
Debt Coverage: YKK's debt is well covered by operating cash flow (34.3%).
Interest Coverage: YKK's interest payments on its debt are not well covered by EBIT (1.6x coverage).