Purmo Group Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Purmo Group Oyj has a total shareholder equity of €422.2M and total debt of €283.9M, which brings its debt-to-equity ratio to 67.2%. Its total assets and total liabilities are €1.0B and €580.0M respectively. Purmo Group Oyj's EBIT is €50.6M making its interest coverage ratio 3.5. It has cash and short-term investments of €90.8M.
Key information
67.2%
Debt to equity ratio
€283.90m
Debt
| Interest coverage ratio | 3.5x |
| Cash | €90.80m |
| Equity | €422.20m |
| Total liabilities | €580.00m |
| Total assets | €1.00b |
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 (€372.3M) exceed its short term liabilities (€241.9M).
Long Term Liabilities: PURMO's short term assets (€372.3M) exceed its long term liabilities (€338.1M).
Debt to Equity History and Analysis
Debt Level: PURMO's net debt to equity ratio (45.7%) 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 7% per year.