Martela Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Martela Oyj has a total shareholder equity of €9.6M and total debt of €1.3M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are €55.7M and €46.1M respectively.
Key information
13.2%
Debt to equity ratio
€1.26m
Debt
| Interest coverage ratio | n/a |
| Cash | €5.05m |
| Equity | €9.56m |
| Total liabilities | €46.13m |
| Total assets | €55.69m |
Recent financial health updates
Does Martela Oyj (HEL:MARAS) Have A Healthy Balance Sheet?
Aug 13
We Think Martela Oyj (HEL:MARAS) Is Taking Some Risk With Its Debt
Jul 06Is Martela Oyj (HEL:MARAS) Using Debt In A Risky Way?
Aug 04Is Martela Oyj (HEL:MARAS) Using Debt In A Risky Way?
Dec 02
Recent updates
Does Martela Oyj (HEL:MARAS) Have A Healthy Balance Sheet?
Aug 13We Think Shareholders Should Be Aware Of Some Factors Beyond Martela Oyj's (HEL:MARAS) Profit
Nov 12We Think Martela Oyj (HEL:MARAS) Is Taking Some Risk With Its Debt
Jul 06Martela Oyj's (HEL:MARAS) Returns On Capital Not Reflecting Well On The Business
May 08Estimating The Intrinsic Value Of Martela Oyj (HEL:MARAS)
Mar 04Is Martela Oyj (HEL:MARAS) Using Debt In A Risky Way?
Aug 04Analysts Are Optimistic We'll See A Profit From Martela Oyj (HEL:MARAS)
Jan 24Calculating The Fair Value Of Martela Oyj (HEL:MARAS)
Dec 28Is Martela Oyj (HEL:MARAS) Using Debt In A Risky Way?
Dec 02Financial Position Analysis
Short Term Liabilities: MARAS's short term assets (€33.4M) exceed its short term liabilities (€31.9M).
Long Term Liabilities: MARAS's short term assets (€33.4M) exceed its long term liabilities (€14.2M).
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 53.1% to 13.2% 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: MARAS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MARAS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.