Springvest Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Springvest Oyj has a total shareholder equity of €23.9M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €30.1M and €6.2M respectively. Springvest Oyj's EBIT is €1.4M making its interest coverage ratio 120.5. It has cash and short-term investments of €1.9M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 120.5x |
| Cash | €1.91m |
| Equity | €23.85m |
| Total liabilities | €6.20m |
| Total assets | €30.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPRING's short term assets (€2.0M) exceed its short term liabilities (€661.6K).
Long Term Liabilities: SPRING's short term assets (€2.0M) do not cover its long term liabilities (€5.5M).
Debt to Equity History and Analysis
Debt Level: SPRING is debt free.
Reducing Debt: SPRING has not had any debt for past 5 years.
Debt Coverage: SPRING has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SPRING has no debt, therefore coverage of interest payments is not a concern.