Anora Group Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Anora Group Oyj has a total shareholder equity of €400.4M and total debt of €215.5M, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are €1.1B and €668.7M respectively. Anora Group Oyj's EBIT is €27.2M making its interest coverage ratio 1.8. It has cash and short-term investments of €165.8M.
Key information
53.8%
Debt to equity ratio
€215.50m
Debt
| Interest coverage ratio | 1.8x |
| Cash | €165.80m |
| Equity | €400.40m |
| Total liabilities | €668.70m |
| Total assets | €1.07b |
Recent financial health updates
Recent updates
Anora Group Oyj (HEL:ANORA) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 10
Can Altia Oyj (HEL:ALTIA) Continue To Grow Its Returns On Capital?
Feb 07An Intrinsic Calculation For Altia Oyj (HEL:ALTIA) Suggests It's 48% Undervalued
Jan 24
How Much Of Altia Oyj (HEL:ALTIA) Do Institutions Own?
Jan 09Should Altia Oyj (HEL:ALTIA) Be Disappointed With Their 19% Profit?
Dec 21Broker Revenue Forecasts For Altia Oyj (HEL:ALTIA) Are Surging Higher
Dec 05Here's Why Altia Oyj's (HEL:ALTIA) Statutory Earnings Are Arguably Too Conservative
Dec 05Read This Before Buying Altia Oyj (HEL:ALTIA) For Its Dividend
Nov 21Financial Position Analysis
Short Term Liabilities: ANORA's short term assets (€430.8M) exceed its short term liabilities (€302.3M).
Long Term Liabilities: ANORA's short term assets (€430.8M) exceed its long term liabilities (€366.4M).
Debt to Equity History and Analysis
Debt Level: ANORA's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: ANORA's debt to equity ratio has reduced from 60.5% to 53.8% over the past 5 years.
Debt Coverage: ANORA's debt is well covered by operating cash flow (40.4%).
Interest Coverage: ANORA's interest payments on its debt are not well covered by EBIT (1.8x coverage).