Purmo Group Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Purmo Group Oyj has a total shareholder equity of €415.4M and total debt of €292.4M, which brings its debt-to-equity ratio to 70.4%. Its total assets and total liabilities are €968.0M and €552.6M respectively. Purmo Group Oyj's EBIT is €44.8M making its interest coverage ratio 2.2. It has cash and short-term investments of €71.1M.
Key information
70.4%
Debt to equity ratio
€292.40m
Debt
| Interest coverage ratio | 2.2x |
| Cash | €71.10m |
| Equity | €415.40m |
| Total liabilities | €552.60m |
| Total assets | €968.00m |
Recent financial health updates
Recent updates
Estimating The Intrinsic Value Of Purmo Group Oyj (HEL:PURMO)
Jul 16
Purmo Group Oyj (HEL:PURMO) Will Pay A Dividend Of €0.09
Apr 10Purmo Group Oyj (HEL:PURMO) Has Affirmed Its Dividend Of €0.09
Mar 16Purmo Group Oyj Just Recorded A 129% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 29Purmo Group Oyj's (HEL:PURMO) Robust Earnings Are Supported By Other Strong Factors
Mar 27Financial Position Analysis
Short Term Liabilities: PURMO's short term assets (€338.0M) exceed its short term liabilities (€200.3M).
Long Term Liabilities: PURMO's short term assets (€338.0M) do not cover its long term liabilities (€352.3M).
Debt to Equity History and Analysis
Debt Level: PURMO's net debt to equity ratio (53.3%) is considered high.
Reducing Debt: Insufficient data to determine if PURMO's debt to equity ratio has reduced 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 PURMO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PURMO is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 10.3% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/05 01:42 |
| End of Day Share Price | 2024/12/05 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Purmo Group Oyj is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Marianne Palmu | Inderes Oy |
| Olli Koponen | Inderes Oy |
| Svante Krokfors | Nordea Markets |