Ovaro Kiinteistösijoitus Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Ovaro Kiinteistösijoitus Oyj has a total shareholder equity of €45.9M and total debt of €11.2M, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are €60.5M and €14.5M respectively. Ovaro Kiinteistösijoitus Oyj's EBIT is €6.1M making its interest coverage ratio 17.5. It has cash and short-term investments of €7.6M.
Key information
24.3%
Debt to equity ratio
€11.17m
Debt
Interest coverage ratio | 17.5x |
Cash | €7.62m |
Equity | €45.94m |
Total liabilities | €14.54m |
Total assets | €60.48m |
Recent financial health updates
Here'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 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 (€15.2M) exceed its short term liabilities (€4.0M).
Long Term Liabilities: OVARO's short term assets (€15.2M) exceed its long term liabilities (€10.5M).
Debt to Equity History and Analysis
Debt Level: OVARO's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: OVARO's debt to equity ratio has reduced from 99.8% to 24.3% over the past 5 years.
Debt Coverage: OVARO's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: OVARO's interest payments on its debt are well covered by EBIT (17.5x coverage).