Sitowise Group Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Sitowise Group Oyj has a total shareholder equity of €119.5M and total debt of €70.9M, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are €278.4M and €158.9M respectively. Sitowise Group Oyj's EBIT is €11.8M making its interest coverage ratio 2.9. It has cash and short-term investments of €15.6M.
Key information
59.4%
Debt to equity ratio
€70.94m
Debt
| Interest coverage ratio | 2.9x |
| Cash | €15.60m |
| Equity | €119.48m |
| Total liabilities | €158.90m |
| Total assets | €278.38m |
Recent financial health updates
No updates
Recent updates
Earnings Miss: Sitowise Group Oyj Missed EPS By 23% And Analysts Are Revising Their Forecasts
Mar 01
Sitowise Group Oyj (HEL:SITOWS) Is Due To Pay A Dividend Of €0.10
Apr 05Sitowise Group Oyj (HEL:SITOWS) Is Paying Out A Dividend Of €0.10
Mar 18Some Investors May Be Worried About Sitowise Group Oyj's (HEL:SITOWS) Returns On Capital
Sep 23Take Care Before Diving Into The Deep End On Sitowise Group Oyj (HEL:SITOWS)
Jun 19Sitowise Group Oyj Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next
Mar 05Financial Position Analysis
Short Term Liabilities: SITOWS's short term assets (€76.6M) exceed its short term liabilities (€66.9M).
Long Term Liabilities: SITOWS's short term assets (€76.6M) do not cover its long term liabilities (€92.0M).
Debt to Equity History and Analysis
Debt Level: SITOWS's net debt to equity ratio (46.3%) is considered high.
Reducing Debt: SITOWS's debt to equity ratio has reduced from 106.2% to 59.4% over the past 5 years.
Debt Coverage: SITOWS's debt is well covered by operating cash flow (23.4%).
Interest Coverage: SITOWS's interest payments on its debt are not well covered by EBIT (2.9x coverage).