Saga Furs Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Saga Furs Oyj has a total shareholder equity of €88.9M and total debt of €9.3M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are €119.4M and €30.6M respectively. Saga Furs Oyj's EBIT is €3.2M making its interest coverage ratio -1.1. It has cash and short-term investments of €39.8M.
Key information
10.5%
Debt to equity ratio
€9.35m
Debt
| Interest coverage ratio | -1.1x |
| Cash | €39.82m |
| Equity | €88.85m |
| Total liabilities | €30.59m |
| Total assets | €119.45m |
Recent financial health updates
Is Saga Furs Oyj (HEL:SAGCV) A Risky Investment?
Jul 13
Saga Furs Oyj (HEL:SAGCV) Could Easily Take On More Debt
Mar 04Saga Furs Oyj (HEL:SAGCV) Has A Rock Solid Balance Sheet
Jul 06Recent updates
Saga Furs Oyj's (HEL:SAGCV) Dividend Will Be Increased To €0.66
Apr 27Saga Furs Oyj (HEL:SAGCV) Is Increasing Its Dividend To €0.66
Apr 13Saga Furs Oyj's (HEL:SAGCV) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Dec 21We Like These Underlying Return On Capital Trends At Saga Furs Oyj (HEL:SAGCV)
Nov 24Saga Furs Oyj's (HEL:SAGCV) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jan 06Saga Furs Oyj (HEL:SAGCV) Will Be Looking To Turn Around Its Returns
Sep 10Is Saga Furs Oyj (HEL:SAGCV) A Risky Investment?
Jul 13Saga Furs Oyj (HEL:SAGCV) Could Easily Take On More Debt
Mar 04The Return Trends At Saga Furs Oyj (HEL:SAGCV) Look Promising
Jan 26Saga Furs Oyj (HEL:SAGCV) Shareholders Will Want The ROCE Trajectory To Continue
Sep 09Saga Furs Oyj (HEL:SAGCV) Has A Rock Solid Balance Sheet
Jul 06Statutory Profit Doesn't Reflect How Good Saga Furs Oyj's (HEL:SAGCV) Earnings Are
Jul 06How Much Did Saga Furs Oyj's(HEL:SAGCV) Shareholders Earn From Share Price Movements Over The Last Five Years?
Jan 08
Financial Position Analysis
Short Term Liabilities: SAGCV's short term assets (€82.4M) exceed its short term liabilities (€24.4M).
Long Term Liabilities: SAGCV's short term assets (€82.4M) exceed its long term liabilities (€6.2M).
Debt to Equity History and Analysis
Debt Level: SAGCV has more cash than its total debt.
Reducing Debt: SAGCV's debt to equity ratio has reduced from 65.8% to 10.5% over the past 5 years.
Debt Coverage: SAGCV's debt is well covered by operating cash flow (58.4%).
Interest Coverage: SAGCV earns more interest than it pays, so coverage of interest payments is not a concern.