Kreate Group Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Kreate Group Oyj has a total shareholder equity of €43.8M and total debt of €33.2M, which brings its debt-to-equity ratio to 75.8%. Its total assets and total liabilities are €136.3M and €92.5M respectively. Kreate Group Oyj's EBIT is €10.1M making its interest coverage ratio 4.5. It has cash and short-term investments of €10.2M.
Key information
75.8%
Debt to equity ratio
€33.20m
Debt
| Interest coverage ratio | 4.5x |
| Cash | €10.20m |
| Equity | €43.80m |
| Total liabilities | €92.50m |
| Total assets | €136.30m |
Recent financial health updates
No updates
Recent updates
We Like Kreate Group Oyj's (HEL:KREATE) Earnings For More Than Just Statutory Profit
Nov 04
Kreate Group Oyj Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Jul 19Kreate Group Oyj's (HEL:KREATE) Upcoming Dividend Will Be Larger Than Last Year's
Mar 07Kreate 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 (€59.0M) do not cover its short term liabilities (€62.7M).
Long Term Liabilities: KREATE's short term assets (€59.0M) exceed its long term liabilities (€29.8M).
Debt to Equity History and Analysis
Debt Level: KREATE's net debt to equity ratio (52.5%) is considered high.
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 (57.5%).
Interest Coverage: KREATE's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 14:04 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kreate Group Oyj is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Panu Laitinmäki | Danske Bank |
| Matias Rautionmaa | Danske Bank |
| Marianne Palmu | Inderes Oy |