Neste Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Neste Oyj has a total shareholder equity of €8.5B and total debt of €3.1B, which brings its debt-to-equity ratio to 36.6%. Its total assets and total liabilities are €16.0B and €7.5B respectively. Neste Oyj's EBIT is €1.7B making its interest coverage ratio 22.6. It has cash and short-term investments of €1.6B.
Key information
36.6%
Debt to equity ratio
€3.10b
Debt
| Interest coverage ratio | 22.6x |
| Cash | €1.58b |
| Equity | €8.46b |
| Total liabilities | €7.52b |
| Total assets | €15.98b |
Recent financial health updates
Is Neste Oyj (HEL:NESTE) A Risky Investment?
Feb 02
Here's Why Neste Oyj (HEL:NESTE) Has A Meaningful Debt Burden
Aug 02Here's Why Neste Oyj (HEL:NESTE) Can Manage Its Debt Responsibly
Jan 17Here's Why Neste Oyj (HEL:NESTE) Can Manage Its Debt Responsibly
Oct 09We Think Neste Oyj (HEL:NESTE) Can Stay On Top Of Its Debt
May 25Recent updates
Is 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 02The Returns On Capital At Neste Oyj (HEL:NESTE) Don't Inspire Confidence
Oct 16Neste Oyj's (HEL:NESTE) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 28Neste Oyj (HEL:NESTE) Shares Could Be 47% Below Their Intrinsic Value Estimate
Sep 04Here's Why Neste Oyj (HEL:NESTE) Has A Meaningful Debt Burden
Aug 02There Are Reasons To Feel Uneasy About Neste Oyj's (HEL:NESTE) Returns On Capital
Jul 03Neste Oyj's (HEL:NESTE) Upcoming Dividend Will Be Larger Than Last Year's
Jun 16Neste Oyj's (HEL:NESTE) Intrinsic Value Is Potentially 42% Above Its Share Price
May 29Neste Oyj's (HEL:NESTE) Upcoming Dividend Will Be Larger Than Last Year's
May 14Neste Oyj (HEL:NESTE) Ticks All The Boxes When It Comes To Earnings Growth
Apr 28Neste Oyj (HEL:NESTE) Is Increasing Its Dividend To €0.51
Mar 31Here's What Neste Oyj's (HEL:NESTE) Strong Returns On Capital Mean
Mar 10A Look At The Fair Value Of Neste Oyj (HEL:NESTE)
Feb 24Neste Oyj's (HEL:NESTE) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 11Here's Why Neste Oyj (HEL:NESTE) Can Manage Its Debt Responsibly
Jan 17With EPS Growth And More, Neste Oyj (HEL:NESTE) Makes An Interesting Case
Jan 04Shareholders Are Optimistic That Neste Oyj (HEL:NESTE) Will Multiply In Value
Nov 23A Look At The Intrinsic Value Of Neste Oyj (HEL:NESTE)
Nov 10Here's Why Neste Oyj (HEL:NESTE) Can Manage Its Debt Responsibly
Oct 09Should You Be Adding Neste Oyj (HEL:NESTE) To Your Watchlist Today?
Sep 14Neste Oyj's (HEL:NESTE) Upcoming Dividend Will Be Larger Than Last Year's
Aug 31The Trend Of High Returns At Neste Oyj (HEL:NESTE) Has Us Very Interested
Aug 22Neste Oyj's (HEL:NESTE) Dividend Will Be Increased To €0.41
Aug 08Forecast: Analysts Think Neste Oyj's (HEL:NESTE) Business Prospects Have Improved Drastically
Aug 04An Intrinsic Calculation For Neste Oyj (HEL:NESTE) Suggests It's 25% Undervalued
Jul 28Neste Oyj (HEL:NESTE) Is Increasing Its Dividend To €0.41
Jul 15Neste Oyj's (HEL:NESTE) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 30Neste Oyj's (HEL:NESTE) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 02We Think Neste Oyj (HEL:NESTE) Can Stay On Top Of Its Debt
May 25Financial Position Analysis
Short Term Liabilities: NESTE's short term assets (€7.1B) exceed its short term liabilities (€3.4B).
Long Term Liabilities: NESTE's short term assets (€7.1B) exceed its long term liabilities (€4.1B).
Debt to Equity History and Analysis
Debt Level: NESTE's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: NESTE's debt to equity ratio has increased from 22.5% to 36.6% over the past 5 years.
Debt Coverage: NESTE's debt is well covered by operating cash flow (73.5%).
Interest Coverage: NESTE's interest payments on its debt are well covered by EBIT (22.6x coverage).