Citycon Oyj Balance Sheet Health

Financial Health criteria checks 1/6

Citycon Oyj has a total shareholder equity of €2.0B and total debt of €1.8B, which brings its debt-to-equity ratio to 91.9%. Its total assets and total liabilities are €4.2B and €2.2B respectively. Citycon Oyj's EBIT is €127.8M making its interest coverage ratio 3. It has cash and short-term investments of €25.2M.

Key information

91.9%

Debt to equity ratio

€1.83b

Debt

Interest coverage ratio	3x
Cash	€25.20m
Equity	€1.99b
Total liabilities	€2.22b
Total assets	€4.21b

Recent financial health updates

Citycon Oyj (HEL:CTY1S) Takes On Some Risk With Its Use Of Debt

Nov 11

Citycon Oyj (HEL:CTY1S) Takes On Some Risk With Its Use Of Debt

Aug 12

Recent updates

Citycon Oyj's (HEL:CTY1S) Intrinsic Value Is Potentially 23% Below Its Share Price

May 07

Is It Too Late To Consider Buying Citycon Oyj (HEL:CTY1S)?

Jan 18

Citycon Oyj (HEL:CTY1S) Takes On Some Risk With Its Use Of Debt

Nov 11

When Should You Buy Citycon Oyj (HEL:CTY1S)?

Sep 23

Citycon Oyj (HEL:CTY1S) Takes On Some Risk With Its Use Of Debt

Aug 12

Estimating The Fair Value Of Citycon Oyj (HEL:CTY1S)

Feb 11

Financial Position Analysis

Short Term Liabilities: CTY1S's short term assets (€82.2M) do not cover its short term liabilities (€447.5M).

Long Term Liabilities: CTY1S's short term assets (€82.2M) do not cover its long term liabilities (€1.8B).

Debt to Equity History and Analysis

Debt Level: CTY1S's net debt to equity ratio (90.6%) is considered high.

Reducing Debt: CTY1S's debt to equity ratio has reduced from 102.4% to 91.9% over the past 5 years.

Debt Coverage: CTY1S's debt is not well covered by operating cash flow (6.9%).

Interest Coverage: CTY1S's interest payments on its debt are not well covered by EBIT (3x coverage).

Citycon Oyj Balance Sheet Health

Financial Health criteria checks 1/6

Key information

Recent financial health updates

Citycon Oyj (HEL:CTY1S) Takes On Some Risk With Its Use Of Debt

Citycon Oyj (HEL:CTY1S) Takes On Some Risk With Its Use Of Debt

Recent updates

Citycon Launches Spotlight: Flexible Retail Spaces in Nordic and Baltic Centers, Tailored for the Future of Retail

Citycon Oyj Announces Changes in Corporate Management Committee as of 1 April 2024

Dividend of €0.075 announced

Citycon Oyj Announces Board Changes

Citycon Oyj Announces CEO Changes, Effective April 1, 2024

Upcoming dividend of €0.075 per share

CEO & Vice Chairman recently bought €402k worth of stock

Citycon Oyj (HLSE:CTY1S) completed the acquisition of remaining 50% stake in Kista Galleria AB from Canada Pension Plan Investment Board.

Citycon Oyj has filed a Follow-on Equity Offering in the amount of €48.195 million.

Fourth quarter dividend of €0.075 announced

Citycon Oyj has completed a Follow-on Equity Offering in the amount of €48.195 million.

Citycon Oyj (HLSE:CTY1S) agreed to acquire 50% stake in Kista Galleria AB from Canada Pension Plan Investment Board.

Full year 2023 earnings: EPS misses analyst expectations

Citycon Oyj Provides Earnings Guidance for the Year 2024

Citycon Oyj Announces Resignation of Kirsi Simola-Laaksonen as Chief Information Officer and Member of the Corporate Management Committee

New minor risk - Shareholder dilution

Citycon Oyj (HEL:CTY1S) Has Announced A Dividend Of €0.125

Upcoming dividend of €0.13 per share at 9.5% yield

Citycon Oyj's (HEL:CTY1S) Dividend Will Be €0.125

Citycon Oyj Appoints Sakari Järvelä as A Member of Corporate Management Committee Effective February 1, 2024

Citycon Oyj (HEL:CTY1S) Is Due To Pay A Dividend Of €0.125

Should You Investigate Citycon Oyj (HEL:CTY1S) At €5.45?

Third quarter 2023 earnings released: €0.32 loss per share (vs €0.089 profit in 3Q 2022)

Citycon Oyj to Report Q1, 2024 Results on May 15, 2024

Now 20% undervalued after recent price drop

Upcoming dividend of €0.13 per share at 9.1% yield

Citycon Oyj (HEL:CTY1S) Has Announced A Dividend Of €0.125

Citycon Oyj (HEL:CTY1S) Will Pay A Dividend Of €0.125

Citycon Oyj (HEL:CTY1S) Has Announced A Dividend Of €0.125

Citycon Oyj (HEL:CTY1S) Has Announced A Dividend Of €0.125

Citycon Oyj Decides on Quarterly Distribution, Payable on September 29, 2023

Second quarter 2023 earnings released: EPS: €0.18 (vs €0.13 in 2Q 2022)

Price target decreased by 15% to €6.00

Upcoming dividend of €0.13 per share at 7.9% yield

Citycon Oyj (HEL:CTY1S) Is Paying Out A Dividend Of €0.125

Citycon Oyj Appoints Adi Jemini as Member of the Board of Directors

Chief Operating Officer recently sold €67k worth of stock

Consensus EPS estimates increase by 19%, revenue downgraded

Citycon Oyj's (HEL:CTY1S) Intrinsic Value Is Potentially 23% Below Its Share Price

Citycon Oyj Announces Earning Guidance for the Year 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target increased by 21% to €7.10

CEO & Vice Chairman recently bought €676k worth of stock

Full year 2022 earnings released: €0.15 loss per share (vs €0.55 profit in FY 2021)

Is It Too Late To Consider Buying Citycon Oyj (HEL:CTY1S)?

Scala Eiendom AS completed the acquisition of Sjøsiden centre in Horten and Down Town from Citycon Oyj (HLSE:CTY1S).

Citycon Oyj Announces Quarterly Distribution, Payable on 30 December 2022

Scala Eiendom AS signed an agreement to acquire Sjøsiden centre in Horten and Down Town from Citycon Oyj (HLSE:CTY1S) for approximately NOK 1250 million.

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Third quarter 2022 earnings released: EPS: €0.09 (vs €0.014 in 3Q 2021)

Citycon Oyj (HEL:CTY1S) Takes On Some Risk With Its Use Of Debt

Citycon Oyj Reaffirms Earnings Guidance for the Year 2022

Price target decreased to €6.35

When Should You Buy Citycon Oyj (HEL:CTY1S)?

Citycon Announces Quarterly Distribution, Payable on 30 September 2022

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Citycon Oyj (HEL:CTY1S) Takes On Some Risk With Its Use Of Debt

Citycon Oyj Revises Earnings Guidance for the Year 2022

Citycon Oyj Announces Quarterly Distribution, Payable on 30 June 2022

Citycon Oyj to Report Q2, 2022 Results on Jul 13, 2022

Citycon Oyj Revises Earnings Guidance for the Year 2022

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Citycon Appoints Carl Johansson Angmo as New Head of Investment

Aurora Eiendom AS (OB:AURA) completed the acquisition of Buskerud Storsenter in Norway from Citycon Oyj (HLSE:CTY1S).

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Citycon Oyj Omits to Pay Dividend

Consensus forecasts updated

Citycon Oyj Announces Earning Guidance for the Year 2022

Estimating The Fair Value Of Citycon Oyj (HEL:CTY1S)

Price target decreased to €6.25

Third quarter 2021 earnings released: EPS €0.01 (vs €0.003 loss in 3Q 2020)

Price target decreased to €6.25

Financial Position Analysis