Aspo Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Aspo Oyj has a total shareholder equity of €177.2M and total debt of €169.7M, which brings its debt-to-equity ratio to 95.8%. Its total assets and total liabilities are €477.4M and €300.2M respectively. Aspo Oyj's EBIT is €16.4M making its interest coverage ratio 1.7. It has cash and short-term investments of €26.2M.
Key information
95.8%
Debt to equity ratio
€169.70m
Debt
| Interest coverage ratio | 1.7x |
| Cash | €26.20m |
| Equity | €177.20m |
| Total liabilities | €300.20m |
| Total assets | €477.40m |
Recent financial health updates
No updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Aspo Oyj (HEL:ASPO)
Aug 24
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 25Financial Position Analysis
Short Term Liabilities: ASPO's short term assets (€198.2M) exceed its short term liabilities (€147.1M).
Long Term Liabilities: ASPO's short term assets (€198.2M) exceed its long term liabilities (€153.1M).
Debt to Equity History and Analysis
Debt Level: ASPO's net debt to equity ratio (81%) is considered high.
Reducing Debt: ASPO's debt to equity ratio has reduced from 170.8% to 95.8% over the past 5 years.
Debt Coverage: ASPO's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: ASPO's interest payments on its debt are not well covered by EBIT (1.7x coverage).