Martela Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Martela Oyj has a total shareholder equity of €4.9M and total debt of €2.6M, which brings its debt-to-equity ratio to 52.1%. Its total assets and total liabilities are €51.0M and €46.1M respectively.
Key information
52.1%
Debt to equity ratio
€2.57m
Debt
| Interest coverage ratio | n/a |
| Cash | €3.82m |
| Equity | €4.93m |
| Total liabilities | €46.08m |
| Total assets | €51.02m |
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 (€28.5M) do not cover its short term liabilities (€31.3M).
Long Term Liabilities: MARAS's short term assets (€28.5M) exceed its long term liabilities (€14.7M).
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 72.3% to 52.1% 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 39.1% per year.