Ovaro Kiinteistösijoitus Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Ovaro Kiinteistösijoitus Oyj has a total shareholder equity of €43.0M and total debt of €9.0M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are €68.9M and €25.9M respectively. Ovaro Kiinteistösijoitus Oyj's EBIT is €5.9M making its interest coverage ratio 10. It has cash and short-term investments of €5.1M.
Key information
21.0%
Debt to equity ratio
€9.03m
Debt
| Interest coverage ratio | 10x |
| Cash | €5.10m |
| Equity | €43.03m |
| Total liabilities | €25.87m |
| Total assets | €68.90m |
Recent financial health updates
Here's Why Ovaro Kiinteistösijoitus Oyj (HEL:OVARO) Has A Meaningful Debt Burden
Jul 05
Here's Why Ovaro Kiinteistösijoitus Oyj (HEL:OVARO) Is Weighed Down By Its Debt Load
Jan 20Ovaro Kiinteistösijoitus Oyj (HEL:OVARO) Has No Shortage Of Debt
May 04Recent updates
Ovaro Kiinteistösijoitus Oyj's (HEL:OVARO) Upcoming Dividend Will Be Larger Than Last Year's
Mar 06Here's Why Ovaro Kiinteistösijoitus Oyj (HEL:OVARO) Has A Meaningful Debt Burden
Jul 05Here's Why Ovaro Kiinteistösijoitus Oyj (HEL:OVARO) Is Weighed Down By Its Debt Load
Jan 20Ovaro Kiinteistösijoitus Oyj (HEL:OVARO) Has No Shortage Of Debt
May 04When Will Ovaro Kiinteistösijoitus Oyj (HEL:OVARO) Breakeven?
Dec 03Financial Position Analysis
Short Term Liabilities: OVARO's short term assets (€17.2M) exceed its short term liabilities (€13.3M).
Long Term Liabilities: OVARO's short term assets (€17.2M) exceed its long term liabilities (€12.6M).
Debt to Equity History and Analysis
Debt Level: OVARO's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: OVARO's debt to equity ratio has reduced from 90.9% to 21% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if OVARO has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if OVARO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.