Mandatum Oyj Balance Sheet Health

Financial Health criteria checks 4/6

Mandatum Oyj has a total shareholder equity of €1.5B and total debt of €249.9M, which brings its debt-to-equity ratio to 16.3%. Its total assets and total liabilities are €17.3B and €15.8B respectively. Mandatum Oyj's EBIT is €275.3M making its interest coverage ratio 18.9. It has cash and short-term investments of €789.0M.

Key information

16.3%

Debt to equity ratio

€249.90m

Debt

Interest coverage ratio18.9x
Cash€789.00m
Equity€1.53b
Total liabilities€15.76b
Total assets€17.29b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MANTA's short term assets (€802.9M) exceed its short term liabilities (€1.2M).

Long Term Liabilities: MANTA's short term assets (€802.9M) do not cover its long term liabilities (€15.8B).


Debt to Equity History and Analysis

Debt Level: MANTA has more cash than its total debt.

Reducing Debt: MANTA's debt to equity ratio has increased from 3.4% to 16.3% over the past 5 years.

Debt Coverage: MANTA's debt is well covered by operating cash flow (83.6%).

Interest Coverage: MANTA's interest payments on its debt are well covered by EBIT (18.9x coverage).


Balance Sheet


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