Aspo Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Aspo Oyj has a total shareholder equity of €140.5M and total debt of €172.4M, which brings its debt-to-equity ratio to 122.7%. Its total assets and total liabilities are €409.7M and €269.2M respectively. Aspo Oyj's EBIT is €22.9M making its interest coverage ratio 2.6. It has cash and short-term investments of €30.7M.
Key information
122.7%
Debt to equity ratio
€172.44m
Debt
Interest coverage ratio | 2.6x |
Cash | €30.68m |
Equity | €140.49m |
Total liabilities | €269.22m |
Total assets | €409.71m |
Recent financial health updates
Recent updates
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Aspo Oyj's (HEL:ASPO) CEO For Now
Apr 06Aspo Oyj (HEL:ASPO) Has Announced That It Will Be Increasing Its Dividend To €0.24
Mar 16Aspo Oyj's (HEL:ASPO) Dividend Will Be €0.23
Feb 18Returns Are Gaining Momentum At Aspo Oyj (HEL:ASPO)
Feb 22With EPS Growth And More, Aspo Oyj (HEL:ASPO) Is Interesting
Oct 25When Should You Buy Aspo Oyj (HEL:ASPO)?
Aug 05Aspo Oyj's (HEL:ASPO) Returns Have Hit A Wall
Jun 06Is Aspo Oyj (HEL:ASPO) Using Too Much Debt?
May 10Is There An Opportunity With Aspo Oyj's (HEL:ASPO) 21% Undervaluation?
Mar 28Should You Think About Buying Aspo Oyj (HEL:ASPO) Now?
Mar 15What Do The Returns On Capital At Aspo Oyj (HEL:ASPO) Tell Us?
Mar 04Is Aspo Oyj's (HEL:ASPO) 12% ROE Better Than Average?
Feb 19Financial Position Analysis
Short Term Liabilities: ASPO's short term assets (€164.0M) exceed its short term liabilities (€116.2M).
Long Term Liabilities: ASPO's short term assets (€164.0M) exceed its long term liabilities (€153.0M).
Debt to Equity History and Analysis
Debt Level: ASPO's net debt to equity ratio (100.9%) is considered high.
Reducing Debt: ASPO's debt to equity ratio has reduced from 170.1% to 122.7% over the past 5 years.
Debt Coverage: ASPO's debt is well covered by operating cash flow (27.6%).
Interest Coverage: ASPO's interest payments on its debt are not well covered by EBIT (2.6x coverage).