Glaston Oyj Abp Balance Sheet Health

Financial Health criteria checks 4/6

Glaston Oyj Abp has a total shareholder equity of €69.9M and total debt of €23.9M, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are €190.9M and €121.0M respectively. Glaston Oyj Abp's EBIT is €7.9M making its interest coverage ratio 5.5. It has cash and short-term investments of €12.2M.

Key information

34.2%

Debt to equity ratio

€23.90m

Debt

Interest coverage ratio	5.5x
Cash	€12.20m
Equity	€69.90m
Total liabilities	€121.00m
Total assets	€190.90m

Recent financial health updates

Recent updates

Is Glaston Oyj Abp (HEL:GLA1V) A Risky Investment?

Apr 07

Glaston Oyj Abp Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Feb 19

An Intrinsic Calculation For Glaston Oyj Abp (HEL:GLA1V) Suggests It's 39% Undervalued

Aug 13

We Think Glaston Oyj Abp's (HEL:GLA1V) Robust Earnings Are Conservative

Feb 21

Glaston Oyj Abp (HEL:GLA1V) Has A Somewhat Strained Balance Sheet

Nov 02

Is There Now An Opportunity In Glaston Oyj Abp (HEL:GLA1V)?

Aug 12

Is Glaston Oyj Abp (HEL:GLA1V) Weighed On By Its Debt Load?

May 25

Is There An Opportunity With Glaston Oyj Abp's (HEL:GLA1V) 47% Undervaluation?

Mar 17

Is Glaston Oyj Abp (HEL:GLA1V) A Risky Investment?

Nov 26

Financial Position Analysis

Short Term Liabilities: GLA1V's short term assets (€81.1M) do not cover its short term liabilities (€84.5M).

Long Term Liabilities: GLA1V's short term assets (€81.1M) exceed its long term liabilities (€36.5M).

Debt to Equity History and Analysis

Debt Level: GLA1V's net debt to equity ratio (16.7%) is considered satisfactory.

Reducing Debt: GLA1V's debt to equity ratio has increased from 20.8% to 34.2% over the past 5 years.

Debt Coverage: GLA1V's debt is well covered by operating cash flow (28.3%).

Interest Coverage: GLA1V's interest payments on its debt are well covered by EBIT (5.5x coverage).

Glaston Oyj Abp Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Is Glaston Oyj Abp (HEL:GLA1V) A Risky Investment?

Glaston Oyj Abp (HEL:GLA1V) Has A Somewhat Strained Balance Sheet

Is Glaston Oyj Abp (HEL:GLA1V) Weighed On By Its Debt Load?

Is Glaston Oyj Abp (HEL:GLA1V) A Risky Investment?

Recent updates

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Glaston Corporation Provides Sales Guidance for the Full Year 2024

Glaston Oyj Abp Announces Executive Changes

Glaston Oyj Abp Resolves Return of Capital to Be Distributed for the Financial Year Ended on 31 December 2023, Payable on April 25, 2024

Is Glaston Oyj Abp (HEL:GLA1V) A Risky Investment?

Upcoming dividend of €0.05 per share

Glaston Oyj Abp Announces Executive Changes

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Glaston Oyj Abp Proposes Dividend for the Financial Period 2023, Payable on 25 April 2024

Consensus EPS estimates increase by 12%

Dividend increased to €0.05

Glaston Oyj Abp Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Glaston Oyj Abp Provides Sales Guidance for the Year 2024

Glaston Oyj Abp to Report Fiscal Year 2023 Final Results between Mar 18, 2024 and Mar 24, 2024

Glaston Corporation Announces Executive Changes

Consensus EPS estimates fall by 22%

Price target decreased by 12% to €0.90

Glaston Corporation Revises Earnings Guidance for the Year 2023

Glaston Corporation Revises Earnings Guidance for the Year 2023

Third quarter 2023 earnings: EPS misses analyst expectations

Price target decreased by 9.3% to €0.97

Insufficient new directors

Glaston Corporation Announces Members of its Nomination Board

Glaston Appoints José Yepes as SVP Mobility, Display & Solar

Glaston Oyj Abp to Report Nine Months, 2024 Results on Oct 30, 2024

Glaston Redefines Its Organization to Accelerate Strategy Execution and Enhance Customer Experience

Glaston Appoints Riikka Laitasalo SVP People and Culture

Now 22% undervalued after recent price drop

Now 20% undervalued

Upcoming dividend of €0.04 per share at 4.1% yield

Full year 2022 earnings: EPS misses analyst expectations

Full year 2022 earnings: EPS misses analyst expectations

Glaston Corporation Appoints Kaisa Latva as General Counsel and Member of the Executive Management Group, Effective April 1, 2023

Glaston Oyj Abp Announces Executive Changes

Price target decreased to €1.15

Consensus EPS estimates fall by 23%

Glaston Corporation Provides Sales Guidance for the Fiscal Year 2022

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to €1.20

Glaston Corporation Announces Resignation of Taina Tirkkonen as General Counsel and Executive Management Group

Glaston Oyj Abp Announces Members of Nomination Board

An Intrinsic Calculation For Glaston Oyj Abp (HEL:GLA1V) Suggests It's 39% Undervalued

Second quarter 2022 earnings: EPS misses analyst expectations

Glaston Corporation Provides Earnings Guidance for the Full Year 2022

Glaston Oyj Abp to Report Q1, 2023 Results on Apr 26, 2023

Consensus forecasts updated

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to €1.30

Glaston Oyj Abp Approves Dividend for the Financial Year Ended on December 31, 2021, Payable on April 26, 2022

Upcoming dividend of €0.03 per share

We Think Glaston Oyj Abp's (HEL:GLA1V) Robust Earnings Are Conservative

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Price target decreased to €1.30

Glaston Oyj Abp Provides Sales Guidance for the Full Year 2022

Glaston Oyj Abp (HEL:GLA1V) Has A Somewhat Strained Balance Sheet

Third quarter 2021 earnings released: EPS €0.015 (vs €0.021 loss in 3Q 2020)

Price target increased to €1.33

Is There Now An Opportunity In Glaston Oyj Abp (HEL:GLA1V)?

Second quarter 2021 earnings released: EPS €0.005 (vs €0.014 loss in 2Q 2020)

Is Glaston Oyj Abp (HEL:GLA1V) Weighed On By Its Debt Load?

First quarter 2021 earnings released: €0.008 loss per share (vs €0.002 loss in 1Q 2020)

Price target increased to €1.03

Independent Director has left the company

Independent Director has left the company

Inaugural dividend of €0.02 per share

Is There An Opportunity With Glaston Oyj Abp's (HEL:GLA1V) 47% Undervaluation?

Glaston Corporation Announces Management Changes

Glaston Oyj Abp Announce Directors Changes

Glaston Oyj Abp Appoints Susanna Kohisevankoski as SVP People and Culture and a Member of the Executive Management Group

Glaston Corporation Announces Executive Changes