Lamor Corporation Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Lamor Oyj has a total shareholder equity of €66.2M and total debt of €58.4M, which brings its debt-to-equity ratio to 88.2%. Its total assets and total liabilities are €175.0M and €108.8M respectively. Lamor Oyj's EBIT is €9.2M making its interest coverage ratio 3.6. It has cash and short-term investments of €7.4M.
Key information
88.2%
Debt to equity ratio
€58.43m
Debt
Interest coverage ratio | 3.6x |
Cash | €7.37m |
Equity | €66.22m |
Total liabilities | €108.81m |
Total assets | €175.03m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LAMOR's short term assets (€124.0M) exceed its short term liabilities (€61.4M).
Long Term Liabilities: LAMOR's short term assets (€124.0M) exceed its long term liabilities (€47.4M).
Debt to Equity History and Analysis
Debt Level: LAMOR's net debt to equity ratio (77.1%) is considered high.
Reducing Debt: LAMOR's debt to equity ratio has increased from 87.3% to 88.2% over the past 5 years.
Debt Coverage: LAMOR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LAMOR's interest payments on its debt are well covered by EBIT (3.6x coverage).