Kreate Group Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Kreate Group Oyj has a total shareholder equity of €42.8M and total debt of €9.9M, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are €134.6M and €91.7M respectively. Kreate Group Oyj's EBIT is €8.5M making its interest coverage ratio 3.4. It has cash and short-term investments of €23.6M.
Key information
23.2%
Debt to equity ratio
€9.94m
Debt
| Interest coverage ratio | 3.4x |
| Cash | €23.57m |
| Equity | €42.83m |
| Total liabilities | €91.73m |
| Total assets | €134.56m |
Recent financial health updates
No updates
Recent updates
Kreate Group Oyj's (HEL:KREATE) Upcoming Dividend Will Be Larger Than Last Year's
Mar 07
Kreate Group Oyj's (HEL:KREATE) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 22Investors Can Find Comfort In Kreate Group Oyj's (HEL:KREATE) Earnings Quality
Feb 08Results: Kreate Group Oyj Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 03Kreate Group Oyj's (HEL:KREATE) Solid Earnings Have Been Accounted For Conservatively
Nov 03Kreate Group Oyj (HEL:KREATE) Has Some Way To Go To Become A Multi-Bagger
Oct 07Kreate Group Oyj Just Missed Earnings - But Analysts Have Updated Their Models
Jul 30Financial Position Analysis
Short Term Liabilities: KREATE's short term assets (€58.9M) do not cover its short term liabilities (€60.9M).
Long Term Liabilities: KREATE's short term assets (€58.9M) exceed its long term liabilities (€30.9M).
Debt to Equity History and Analysis
Debt Level: KREATE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if KREATE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KREATE's debt is well covered by operating cash flow (297.8%).
Interest Coverage: KREATE's interest payments on its debt are well covered by EBIT (3.4x coverage).