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 €548.8M, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are €18.0B and €16.4B respectively. Mandatum Oyj's EBIT is €238.3M making its interest coverage ratio 14.4. It has cash and short-term investments of €4.6B.

Key information

35.0%

Debt to equity ratio

€548.80m

Debt

Interest coverage ratio14.4x
Cash€4.58b
Equity€1.57b
Total liabilities€16.38b
Total assets€17.95b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MANTA's short term assets (€4.6B) exceed its short term liabilities (€10.0M).

Long Term Liabilities: MANTA's short term assets (€4.6B) do not cover its long term liabilities (€16.4B).


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 3.1% to 35% over the past 5 years.

Debt Coverage: MANTA's debt is well covered by operating cash flow (65.6%).

Interest Coverage: MANTA's interest payments on its debt are well covered by EBIT (14.4x coverage).


Balance Sheet


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