Neste Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Neste Oyj has a total shareholder equity of €7.5B and total debt of €4.0B, which brings its debt-to-equity ratio to 52.6%. Its total assets and total liabilities are €16.1B and €8.5B respectively. Neste Oyj's EBIT is €556.0M making its interest coverage ratio 7. It has cash and short-term investments of €922.0M.
Key information
52.6%
Debt to equity ratio
€3.97b
Debt
| Interest coverage ratio | 7x |
| Cash | €922.00m |
| Equity | €7.54b |
| Total liabilities | €8.51b |
| Total assets | €16.05b |
Recent financial health updates
We Think Neste Oyj (HEL:NESTE) Is Taking Some Risk With Its Debt
Oct 10
These 4 Measures Indicate That Neste Oyj (HEL:NESTE) Is Using Debt Extensively
Jun 06Is Neste Oyj (HEL:NESTE) A Risky Investment?
Feb 02Recent updates
Neste Oyj's (HEL:NESTE) 25% Cheaper Price Remains In Tune With Earnings
Nov 11Neste Oyj Just Missed EPS By 76%: Here's What Analysts Think Will Happen Next
Oct 27We Think Neste Oyj (HEL:NESTE) Is Taking Some Risk With Its Debt
Oct 10Here's What's Concerning About Neste Oyj's (HEL:NESTE) Returns On Capital
Aug 16Earnings Miss: Neste Oyj Missed EPS And Analysts Are Revising Their Forecasts
Jul 29There Is A Reason Neste Oyj's (HEL:NESTE) Price Is Undemanding
Jun 24These 4 Measures Indicate That Neste Oyj (HEL:NESTE) Is Using Debt Extensively
Jun 06Earnings Miss: Neste Oyj Missed EPS By 60% And Analysts Are Revising Their Forecasts
Apr 28Is Neste Oyj (HEL:NESTE) Trading At A 50% Discount?
Apr 09Neste Oyj (HEL:NESTE) Will Be Hoping To Turn Its Returns On Capital Around
Feb 27Is Neste Oyj (HEL:NESTE) A Risky Investment?
Feb 02Financial Position Analysis
Short Term Liabilities: NESTE's short term assets (€6.3B) exceed its short term liabilities (€3.7B).
Long Term Liabilities: NESTE's short term assets (€6.3B) exceed its long term liabilities (€4.8B).
Debt to Equity History and Analysis
Debt Level: NESTE's net debt to equity ratio (40.4%) is considered high.
Reducing Debt: NESTE's debt to equity ratio has increased from 19.7% to 52.6% over the past 5 years.
Debt Coverage: NESTE's debt is well covered by operating cash flow (24.2%).
Interest Coverage: NESTE's interest payments on its debt are well covered by EBIT (7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 00:46 |
| End of Day Share Price | 2025/01/10 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Neste Oyj is covered by 48 analysts. 15 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 |
|---|---|
| Olof Grenmark | ABG Sundal Collier |
| Alejandro Vigil | Banco Santander |
| Naisheng Cui | Barclays |