Merus Power Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Merus Power Oyj has a total shareholder equity of €10.3M and total debt of €4.0M, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are €29.6M and €19.2M respectively. Merus Power Oyj's EBIT is €1.5M making its interest coverage ratio 1.4. It has cash and short-term investments of €4.6M.
Key information
38.90%
Debt to equity ratio
€4.03m
Debt
| Interest coverage ratio | 1.4x |
| Cash | €4.58m |
| Equity | €10.35m |
| Total liabilities | €19.21m |
| Total assets | €29.56m |
Recent financial health updates
Recent updates
Is Merus Power Oyj (HEL:MERUS) Using Too Much Debt?
Apr 14
Why Investors Shouldn't Be Surprised By Merus Power Oyj's (HEL:MERUS) 26% Share Price Surge
Feb 07Fewer Investors Than Expected Jumping On Merus Power Oyj (HEL:MERUS)
Dec 10Not Many Are Piling Into Merus Power Oyj (HEL:MERUS) Just Yet
Jul 12One Analyst's Earnings Estimates For Merus Power Oyj (HEL:MERUS) Are Surging Higher
Feb 15Merus Power Oyj (HEL:MERUS) May Have Issues Allocating Its Capital
Jul 05Returns On Capital Are Showing Encouraging Signs At Merus Power Oyj (HEL:MERUS)
Jan 14Merus Power Oyj (HEL:MERUS) Shareholders Will Want The ROCE Trajectory To Continue
Sep 23Financial Position Analysis
Short Term Liabilities: MERUS's short term assets (€23.2M) exceed its short term liabilities (€18.1M).
Long Term Liabilities: MERUS's short term assets (€23.2M) exceed its long term liabilities (€1.1M).
Debt to Equity History and Analysis
Debt Level: MERUS has more cash than its total debt.
Reducing Debt: MERUS's debt to equity ratio has reduced from 144.8% to 38.9% over the past 5 years.
Debt Coverage: MERUS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MERUS's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/10 15:15 |
| End of Day Share Price | 2025/12/10 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Merus Power Oyj is covered by 2 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 |
|---|---|
| Marianne Palmu | Inderes Oy |
| Pauli Lohi | Inderes Oy |