Lassila & Tikanoja Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Lassila & Tikanoja Oyj has a total shareholder equity of €210.2M and total debt of €126.0M, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are €647.2M and €437.0M respectively. Lassila & Tikanoja Oyj's EBIT is €35.5M making its interest coverage ratio 6.1. It has cash and short-term investments of €28.0M.
Key information
59.9%
Debt to equity ratio
€126.00m
Debt
| Interest coverage ratio | 6.1x |
| Cash | €28.00m |
| Equity | €210.20m |
| Total liabilities | €437.00m |
| Total assets | €647.20m |
Recent financial health updates
Lassila & Tikanoja Oyj (HEL:LAT1V) Has A Pretty Healthy Balance Sheet
Feb 10
These 4 Measures Indicate That Lassila & Tikanoja Oyj (HEL:LAT1V) Is Using Debt Reasonably Well
Mar 07Is Lassila & Tikanoja Oyj (HEL:LAT1V) Using Too Much Debt?
Mar 09Lassila & Tikanoja Oyj (HEL:LAT1V) Seems To Use Debt Quite Sensibly
Jul 15
Recent updates
€10.00: That's What Analysts Think Lassila & Tikanoja Oyj (HEL:LAT1V) Is Worth After Its Latest Results
Feb 14Lassila & Tikanoja Oyj (HEL:LAT1V) Has A Pretty Healthy Balance Sheet
Feb 10These 4 Measures Indicate That Lassila & Tikanoja Oyj (HEL:LAT1V) Is Using Debt Reasonably Well
Mar 07Lassila & Tikanoja Oyj's (HEL:LAT1V) Dividend Will Be Increased To €0.46
Jan 29At €14.26, Is Lassila & Tikanoja Oyj (HEL:LAT1V) Worth Looking At Closely?
Jun 03Returns On Capital Signal Tricky Times Ahead For Lassila & Tikanoja Oyj (HEL:LAT1V)
May 20We Think That There Are More Issues For Lassila & Tikanoja Oyj (HEL:LAT1V) Than Just Sluggish Earnings
May 06Are Investors Undervaluing Lassila & Tikanoja Oyj (HEL:LAT1V) By 25%?
Apr 12Here's Why We're Wary Of Buying Lassila & Tikanoja Oyj's (HEL:LAT1V) For Its Upcoming Dividend
Mar 14Is Lassila & Tikanoja Oyj (HEL:LAT1V) Using Too Much Debt?
Mar 09If You Had Bought Lassila & Tikanoja Oyj's (HEL:LAT1V) Shares Three Years Ago You Would Be Down 22%
Feb 25The Returns At Lassila & Tikanoja Oyj (HEL:LAT1V) Provide Us With Signs Of What's To Come
Feb 14Earnings Update: Here's Why Analysts Just Lifted Their Lassila & Tikanoja Oyj (HEL:LAT1V) Price Target To €15.00
Jan 31Is Now An Opportune Moment To Examine Lassila & Tikanoja Oyj (HEL:LAT1V)?
Jan 28Lassila & Tikanoja Oyj (HEL:LAT1V) Seems To Use Debt Quite Sensibly
Jul 15Has Lassila & Tikanoja Oyj (HEL:LAT1V) Got What It Takes To Become A Multi-Bagger?
Jul 04Financial Position Analysis
Short Term Liabilities: LAT1V's short term assets (€159.0M) do not cover its short term liabilities (€213.5M).
Long Term Liabilities: LAT1V's short term assets (€159.0M) do not cover its long term liabilities (€223.5M).
Debt to Equity History and Analysis
Debt Level: LAT1V's net debt to equity ratio (46.6%) is considered high.
Reducing Debt: LAT1V's debt to equity ratio has reduced from 78% to 59.9% over the past 5 years.
Debt Coverage: LAT1V's debt is well covered by operating cash flow (54.5%).
Interest Coverage: LAT1V's interest payments on its debt are well covered by EBIT (6.1x coverage).