Partnera Oy Balance Sheet Health
Financial Health criteria checks 5/6
Partnera Oy has a total shareholder equity of €50.9M and total debt of €16.7M, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are €84.2M and €33.3M respectively. Partnera Oy's EBIT is €5.8M making its interest coverage ratio -1.1. It has cash and short-term investments of €29.6M.
Key information
32.8%
Debt to equity ratio
€16.66m
Debt
| Interest coverage ratio | -1.1x |
| Cash | €29.63m |
| Equity | €50.87m |
| Total liabilities | €33.31m |
| Total assets | €84.18m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PARTNE1's short term assets (€48.2M) exceed its short term liabilities (€11.5M).
Long Term Liabilities: PARTNE1's short term assets (€48.2M) exceed its long term liabilities (€21.8M).
Debt to Equity History and Analysis
Debt Level: PARTNE1 has more cash than its total debt.
Reducing Debt: PARTNE1's debt to equity ratio has increased from 0% to 32.8% over the past 5 years.
Debt Coverage: PARTNE1's debt is well covered by operating cash flow (20.8%).
Interest Coverage: PARTNE1 earns more interest than it pays, so coverage of interest payments is not a concern.