Harvia Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Harvia Oyj has a total shareholder equity of €108.7M and total debt of €75.4M, which brings its debt-to-equity ratio to 69.4%. Its total assets and total liabilities are €214.3M and €105.6M respectively. Harvia Oyj's EBIT is €33.7M making its interest coverage ratio 15.2. It has cash and short-term investments of €40.6M.
Key information
69.4%
Debt to equity ratio
€75.41m
Debt
| Interest coverage ratio | 15.2x |
| Cash | €40.58m |
| Equity | €108.66m |
| Total liabilities | €105.61m |
| Total assets | €214.26m |
Recent financial health updates
Recent updates
Harvia Oyj (HEL:HARVIA) Is Increasing Its Dividend To €0.34
Apr 14
Subdued Growth No Barrier To Harvia Oyj (HEL:HARVIA) With Shares Advancing 27%
Mar 07Harvia Oyj Just Beat EPS By 6.4%: Here's What Analysts Think Will Happen Next
Feb 12Estimating The Intrinsic Value Of Harvia Oyj (HEL:HARVIA)
Dec 20Harvia Oyj's (HEL:HARVIA) Upcoming Dividend Will Be Larger Than Last Year's
Oct 16Harvia Oyj (HEL:HARVIA) Will Pay A Larger Dividend Than Last Year At €0.32
Sep 30Harvia Oyj (HEL:HARVIA) Has Announced That It Will Be Increasing Its Dividend To €0.32
Sep 06When Should You Buy Harvia Oyj (HEL:HARVIA)?
Sep 05Harvia Oyj (HEL:HARVIA) Has Announced That It Will Be Increasing Its Dividend To €0.32
Aug 23Harvia Oyj's (HEL:HARVIA) Dividend Will Be Increased To €0.32
Jul 29Harvia Oyj (HEL:HARVIA) Is Increasing Its Dividend To €0.32
Jun 06Harvia Oyj's (HEL:HARVIA) Shareholders Will Receive A Bigger Dividend Than Last Year
May 04Harvia Oyj's (HEL:HARVIA) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 05What Does Harvia Oyj's (HEL:HARVIA) Share Price Indicate?
Feb 15We Think Harvia Oyj (HEL:HARVIA) Might Have The DNA Of A Multi-Bagger
Nov 22Harvia Oyj (HEL:HARVIA) Is Increasing Its Dividend To €0.30
Oct 16Harvia Oyj's (HEL:HARVIA) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 02Harvia Oyj (HEL:HARVIA) Will Pay A Larger Dividend Than Last Year At €0.30
Sep 18Harvia Oyj's (HEL:HARVIA) Upcoming Dividend Will Be Larger Than Last Year's
Sep 01Harvia Oyj (HEL:HARVIA) Will Pay A Larger Dividend Than Last Year At €0.30
Aug 17Harvia Oyj (HEL:HARVIA) Will Pay A Larger Dividend Than Last Year At €0.30
Aug 03Is Harvia Oyj (HEL:HARVIA) A Risky Investment?
Jul 27Harvia Oyj (HEL:HARVIA) Is Paying Out A Larger Dividend Than Last Year
Jul 14Harvia Oyj (HEL:HARVIA) Is Paying Out A Larger Dividend Than Last Year
Jun 30Harvia Oyj's (HEL:HARVIA) Upcoming Dividend Will Be Larger Than Last Year's
Jun 08Financial Position Analysis
Short Term Liabilities: HARVIA's short term assets (€99.4M) exceed its short term liabilities (€24.9M).
Long Term Liabilities: HARVIA's short term assets (€99.4M) exceed its long term liabilities (€80.7M).
Debt to Equity History and Analysis
Debt Level: HARVIA's net debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: HARVIA's debt to equity ratio has increased from 61.3% to 69.4% over the past 5 years.
Debt Coverage: HARVIA's debt is well covered by operating cash flow (51.9%).
Interest Coverage: HARVIA's interest payments on its debt are well covered by EBIT (15.2x coverage).