Neste Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Neste Oyj has a total shareholder equity of €7.5B and total debt of €3.8B, which brings its debt-to-equity ratio to 49.8%. Its total assets and total liabilities are €16.4B and €8.8B respectively. Neste Oyj's EBIT is €1.2B making its interest coverage ratio 14.6. It has cash and short-term investments of €823.0M.
Key information
49.8%
Debt to equity ratio
€3.75b
Debt
| Interest coverage ratio | 14.6x |
| Cash | €823.00m |
| Equity | €7.53b |
| Total liabilities | €8.85b |
| Total assets | €16.38b |
Recent financial health updates
These 4 Measures Indicate That Neste Oyj (HEL:NESTE) Is Using Debt Extensively
Jun 06
Is Neste Oyj (HEL:NESTE) A Risky Investment?
Feb 02Here'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 09Recent updates
Here'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 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 14Financial Position Analysis
Short Term Liabilities: NESTE's short term assets (€6.8B) exceed its short term liabilities (€4.1B).
Long Term Liabilities: NESTE's short term assets (€6.8B) exceed its long term liabilities (€4.7B).
Debt to Equity History and Analysis
Debt Level: NESTE's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: NESTE's debt to equity ratio has increased from 24% to 49.8% over the past 5 years.
Debt Coverage: NESTE's debt is well covered by operating cash flow (39.1%).
Interest Coverage: NESTE's interest payments on its debt are well covered by EBIT (14.6x coverage).