Kojamo Oyj Balance Sheet Health
Financial Health criteria checks 2/6
Kojamo Oyj has a total shareholder equity of €3.6B and total debt of €3.5B, which brings its debt-to-equity ratio to 97.6%. Its total assets and total liabilities are €8.2B and €4.5B respectively. Kojamo Oyj's EBIT is €253.9M making its interest coverage ratio 3.3. It has cash and short-term investments of €15.6M.
Key information
97.6%
Debt to equity ratio
€3.54b
Debt
| Interest coverage ratio | 3.3x |
| Cash | €15.60m |
| Equity | €3.63b |
| Total liabilities | €4.53b |
| Total assets | €8.16b |
Recent financial health updates
Is Kojamo Oyj (HEL:KOJAMO) Using Too Much Debt?
Feb 20
Here's Why Kojamo Oyj (HEL:KOJAMO) Has A Meaningful Debt Burden
Nov 01These 4 Measures Indicate That Kojamo Oyj (HEL:KOJAMO) Is Using Debt Extensively
Aug 02Here's Why Kojamo Oyj (HEL:KOJAMO) Has A Meaningful Debt Burden
Apr 17Recent updates
It's Unlikely That Shareholders Will Increase Kojamo Oyj's (HEL:KOJAMO) Compensation By Much This Year
Mar 08Is Kojamo Oyj (HEL:KOJAMO) Using Too Much Debt?
Feb 20Here's Why Kojamo Oyj (HEL:KOJAMO) Has A Meaningful Debt Burden
Nov 01These 4 Measures Indicate That Kojamo Oyj (HEL:KOJAMO) Is Using Debt Extensively
Aug 02Here's Why Kojamo Oyj (HEL:KOJAMO) Has A Meaningful Debt Burden
Apr 17Kojamo Oyj's (HEL:KOJAMO) Dividend Will Be Increased To €0.39
Feb 18Here's What We Like About Kojamo Oyj's (HEL:KOJAMO) Upcoming Dividend
Mar 13Does Kojamo Oyj (HEL:KOJAMO) Have A Place In Your Dividend Portfolio?
Feb 22What Type Of Shareholders Make Up Kojamo Oyj's (HEL:KOJAMO) Share Registry?
Jan 30Kojamo Oyj's (HEL:KOJAMO) Earnings Are Growing But Is There More To The Story?
Dec 07
Financial Position Analysis
Short Term Liabilities: KOJAMO's short term assets (€43.7M) do not cover its short term liabilities (€673.5M).
Long Term Liabilities: KOJAMO's short term assets (€43.7M) do not cover its long term liabilities (€3.9B).
Debt to Equity History and Analysis
Debt Level: KOJAMO's net debt to equity ratio (97.2%) is considered high.
Reducing Debt: KOJAMO's debt to equity ratio has reduced from 107.3% to 97.6% over the past 5 years.
Debt Coverage: KOJAMO's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: KOJAMO's interest payments on its debt are well covered by EBIT (3.3x coverage).