Martela Oyj Balance Sheet Health

Financial Health criteria checks 5/6

Martela Oyj has a total shareholder equity of €3.6M and total debt of €1.8M, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are €48.2M and €44.6M respectively.

Key information

50.8%

Debt to equity ratio

€1.85m

Debt

Interest coverage ration/a
Cash€2.05m
Equity€3.64m
Total liabilities€44.57m
Total assets€48.20m

Recent financial health updates

Recent updates

Does Martela Oyj (HEL:MARAS) Have A Healthy Balance Sheet?

Aug 13
Does Martela Oyj (HEL:MARAS) Have A Healthy Balance Sheet?

We Think Shareholders Should Be Aware Of Some Factors Beyond Martela Oyj's (HEL:MARAS) Profit

Nov 12
We Think Shareholders Should Be Aware Of Some Factors Beyond Martela Oyj's (HEL:MARAS) Profit

We Think Martela Oyj (HEL:MARAS) Is Taking Some Risk With Its Debt

Jul 06
We Think Martela Oyj (HEL:MARAS) Is Taking Some Risk With Its Debt

Martela Oyj's (HEL:MARAS) Returns On Capital Not Reflecting Well On The Business

May 08
Martela Oyj's (HEL:MARAS) Returns On Capital Not Reflecting Well On The Business

Estimating The Intrinsic Value Of Martela Oyj (HEL:MARAS)

Mar 04
Estimating The Intrinsic Value Of Martela Oyj (HEL:MARAS)

Is Martela Oyj (HEL:MARAS) Using Debt In A Risky Way?

Aug 04
Is Martela Oyj (HEL:MARAS) Using Debt In A Risky Way?

Analysts Are Optimistic We'll See A Profit From Martela Oyj (HEL:MARAS)

Jan 24
Analysts Are Optimistic We'll See A Profit From Martela Oyj (HEL:MARAS)

Calculating The Fair Value Of Martela Oyj (HEL:MARAS)

Dec 28
Calculating The Fair Value Of Martela Oyj (HEL:MARAS)

Is Martela Oyj (HEL:MARAS) Using Debt In A Risky Way?

Dec 02
Is Martela Oyj (HEL:MARAS) Using Debt In A Risky Way?

Financial Position Analysis

Short Term Liabilities: MARAS's short term assets (€26.1M) do not cover its short term liabilities (€30.3M).

Long Term Liabilities: MARAS's short term assets (€26.1M) exceed its long term liabilities (€14.3M).


Debt to Equity History and Analysis

Debt Level: MARAS has more cash than its total debt.

Reducing Debt: MARAS's debt to equity ratio has reduced from 65.5% to 50.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable MARAS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: MARAS is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 37.8% per year.


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