Relais Group Oyj Balance Sheet Health

Financial Health criteria checks 4/6

Relais Group Oyj has a total shareholder equity of €110.7M and total debt of €95.9M, which brings its debt-to-equity ratio to 86.7%. Its total assets and total liabilities are €329.1M and €218.5M respectively. Relais Group Oyj's EBIT is €25.4M making its interest coverage ratio 3.5. It has cash and short-term investments of €9.7M.

Key information

86.7%

Debt to equity ratio

€95.94m

Debt

Interest coverage ratio	3.5x
Cash	€9.68m
Equity	€110.66m
Total liabilities	€218.47m
Total assets	€329.12m

Recent financial health updates

Here's Why Relais Group Oyj (HEL:RELAIS) Can Manage Its Debt Responsibly

Aug 31

Recent updates

Relais Group Oyj (HEL:RELAIS) Has Announced A Dividend Of €0.22

Apr 26

Relais Group Oyj's (HEL:RELAIS) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 11

Relais Group Oyj's (HEL:RELAIS) Upcoming Dividend Will Be Larger Than Last Year's

Mar 22

Why We're Not Concerned Yet About Relais Group Oyj's (HEL:RELAIS) 27% Share Price Plunge

Aug 26

Earnings Release: Here's Why Analysts Cut Their Relais Group Oyj (HEL:RELAIS) Price Target To €15.00

Aug 14

Is Relais Group Oyj (HEL:RELAIS) Trading At A 45% Discount?

Aug 09

Relais Group Oyj (HEL:RELAIS) Might Have The Makings Of A Multi-Bagger

Jul 08

The Return Trends At Relais Group Oyj (HEL:RELAIS) Look Promising

Feb 24

Here's Why I Think Relais Group Oyj (HEL:RELAIS) Might Deserve Your Attention Today

Jan 26

Here's Why Relais Group Oyj (HEL:RELAIS) Can Manage Its Debt Responsibly

Aug 31

Here's Why We Think Relais Group Oyj (HEL:RELAIS) Is Well Worth Watching

Aug 14

A Look At The Fair Value Of Relais Group Oyj (HEL:RELAIS)

Jun 04

Are Relais Group Oyj's (HEL:RELAIS) Statutory Earnings A Good Guide To Its Underlying Profitability?

Jan 30

Financial Position Analysis

Short Term Liabilities: RELAIS's short term assets (€129.2M) exceed its short term liabilities (€74.3M).

Long Term Liabilities: RELAIS's short term assets (€129.2M) do not cover its long term liabilities (€144.2M).

Debt to Equity History and Analysis

Debt Level: RELAIS's net debt to equity ratio (78%) is considered high.

Reducing Debt: RELAIS's debt to equity ratio has reduced from 125.5% to 86.7% over the past 5 years.

Debt Coverage: RELAIS's debt is well covered by operating cash flow (31.9%).

Interest Coverage: RELAIS's interest payments on its debt are well covered by EBIT (3.5x coverage).

Relais Group Oyj Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Here's Why Relais Group Oyj (HEL:RELAIS) Can Manage Its Debt Responsibly

Recent updates

Relais Group Oyj (HEL:RELAIS) Has Announced A Dividend Of €0.22

Dividend of €0.22 announced

Relais Group Oyj's (HEL:RELAIS) Shareholders Will Receive A Bigger Dividend Than Last Year

Relais Group Oyj Approves Dividend, Payable on 19 April 2024 and 11 November 2024

Upcoming dividend of €0.22 per share

Relais Group Oyj's (HEL:RELAIS) Upcoming Dividend Will Be Larger Than Last Year's

Final dividend of €0.22 announced

Full year 2023 earnings: EPS exceeds analyst expectations

Relais Group Oyj (HEL:RELAIS) Might Have The Makings Of A Multi-Bagger

Relais Group Oyj to Report Fiscal Year 2023 Final Results on Mar 18, 2024

Third quarter 2023 earnings released: EPS: €0.24 (vs €0.20 in 3Q 2022)

Upcoming dividend of €0.20 per share at 3.9% yield

Consensus EPS estimates fall by 16%, revenue upgraded

New major risk - Financial position

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Relais Group Oyj (HLSE:RELAIS) acquired Norwegian workshop equipment business unit from NDS Group AS.

New minor risk - Share price stability

Now 22% undervalued after recent price drop

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target increased by 11% to €15.30

Is It Time To Consider Buying Relais Group Oyj (HEL:RELAIS)?

Upcoming dividend of €0.20 per share at 3.7% yield

Now 20% undervalued

Full year 2022 earnings released: EPS: €0.56 (vs €0.44 in FY 2021)

Estimating The Fair Value Of Relais Group Oyj (HEL:RELAIS)

Relais Group Oyj Appoints Thomas Ekström as Chief Financial Officer

Now 21% undervalued

Pekka Raatikainen to Resign as Chief Financial Officer of Relais Group Oyj, Effective 30 June 2023

Relais Group Oyj to Report Fiscal Year 2022 Results on Mar 14, 2023

Relais Group Oyj (HLSE:RELAIS) signed an agreement to acquire S-E-T A/S from B & S Holding Aps.

Price target increased to €14.65

Relais Group plc Announces Change Of Dividend Policy

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus forecasts updated

Is It Too Late To Consider Buying Relais Group Oyj (HEL:RELAIS)?

Consensus forecasts updated

Consensus forecasts updated

Why We're Not Concerned Yet About Relais Group Oyj's (HEL:RELAIS) 27% Share Price Plunge

Consensus EPS estimates fall by 75%

Earnings Release: Here's Why Analysts Cut Their Relais Group Oyj (HEL:RELAIS) Price Target To €15.00

Second quarter 2022 earnings: Revenues miss analyst expectations

Relais Group Oyj Announces Executive Changes

Is Relais Group Oyj (HEL:RELAIS) Trading At A 45% Discount?

Relais Group Plc Announces Management Changes

Relais Group Oyj (HEL:RELAIS) Might Have The Makings Of A Multi-Bagger

High number of new directors

Relais Group Oyj (HLSE:RELAIS) completed the acquisition of Skeppsbrons Jonkoping Ab from Skeppsbrons Jönköping Holding AB for SEK 87.6 million.

Relais Group Oyj (HLSE:RELAIS) completed the acquisition of Skeppsbrons Jonkoping Ab from Skeppsbrons Jönköping Holding AB for SEK 87.6 million.

Consensus EPS estimates fall by 34%

First quarter 2022 earnings: Revenues miss analyst expectations

Relais Group Plc has signed an agreement to acquire Skeppsbrons Jonkoping Ab from Skeppsbrons Jönköping Holding Ab for approximately 85 million.

Price target decreased to €24.00

High number of new directors

High number of new directors

Relais Group Oyj Approves Dividend, Payable on 26 April 2022

Upcoming dividend of €0.36 per share

Now 20% undervalued after recent price drop

Consensus forecasts updated

Price target decreased to €24.00

Full year 2021 earnings: Revenues exceed analyst expectations

Relais Group Plc Proposes Dividend for the Financial Year 2021

Relais Group Oyj to Report Fiscal Year 2021 Results on Mar 02, 2022

The Return Trends At Relais Group Oyj (HEL:RELAIS) Look Promising

Now 21% undervalued after recent price drop

Insufficient new directors

Here's Why I Think Relais Group Oyj (HEL:RELAIS) Might Deserve Your Attention Today

Investor sentiment deteriorated over the past week

Now 22% undervalued after recent price drop

Third quarter 2021 earnings released

Price target increased to €26.00

Price target increased to €26.00

Investor sentiment improved over the past week

Here's Why Relais Group Oyj (HEL:RELAIS) Can Manage Its Debt Responsibly

First half 2021 earnings released: EPS €0.13 (vs €0.056 in 1H 2020)