Mandatum Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Mandatum Oyj has a total shareholder equity of €1.6B and total debt of €249.8M, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are €16.3B and €14.7B respectively. Mandatum Oyj's EBIT is €246.2M making its interest coverage ratio 21.2. It has cash and short-term investments of €4.3B.
Key information
15.6%
Debt to equity ratio
€249.80m
Debt
Interest coverage ratio | 21.2x |
Cash | €4.28b |
Equity | €1.60b |
Total liabilities | €14.74b |
Total assets | €16.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MANTA's short term assets (€4.4B) exceed its short term liabilities (€51.1M).
Long Term Liabilities: MANTA's short term assets (€4.4B) do not cover its long term liabilities (€14.7B).
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 4% to 15.6% over the past 5 years.
Debt Coverage: MANTA's debt is well covered by operating cash flow (112.2%).
Interest Coverage: MANTA's interest payments on its debt are well covered by EBIT (21.2x coverage).