Ovaro Kiinteistösijoitus Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Ovaro Kiinteistösijoitus Oyj has a total shareholder equity of €46.1M and total debt of €11.7M, which brings its debt-to-equity ratio to 25.3%. Its total assets and total liabilities are €63.5M and €17.4M respectively. Ovaro Kiinteistösijoitus Oyj's EBIT is €5.8M making its interest coverage ratio 19.6. It has cash and short-term investments of €8.6M.
Key information
25.3%
Debt to equity ratio
€11.65m
Debt
| Interest coverage ratio | 19.6x |
| Cash | €8.55m |
| Equity | €46.10m |
| Total liabilities | €17.36m |
| Total assets | €63.45m |
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 (€19.1M) exceed its short term liabilities (€3.2M).
Long Term Liabilities: OVARO's short term assets (€19.1M) exceed its long term liabilities (€14.1M).
Debt to Equity History and Analysis
Debt Level: OVARO's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: OVARO's debt to equity ratio has reduced from 117.1% to 25.3% over the past 5 years.
Debt Coverage: OVARO's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: OVARO's interest payments on its debt are well covered by EBIT (19.6x coverage).