Toivo Group Oyj Balance Sheet Health
Financial Health criteria checks 1/6
Toivo Group Oyj has a total shareholder equity of €68.8M and total debt of €87.1M, which brings its debt-to-equity ratio to 126.5%. Its total assets and total liabilities are €192.1M and €123.3M respectively. Toivo Group Oyj's EBIT is €6.8M making its interest coverage ratio 2. It has cash and short-term investments of €5.4M.
Key information
126.5%
Debt to equity ratio
€87.08m
Debt
| Interest coverage ratio | 2x |
| Cash | €5.36m |
| Equity | €68.83m |
| Total liabilities | €123.30m |
| Total assets | €192.13m |
Recent financial health updates
No updates
Recent updates
Benign Growth For Toivo Group Oyj (HEL:TOIVO) Underpins Its Share Price
Jan 04
Some Analysts Just Cut Their Toivo Group Oyj (HEL:TOIVO) Estimates
Nov 12Toivo Group Oyj Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 12There Are Some Holes In Toivo Group Oyj's (HEL:TOIVO) Solid Earnings Release
Feb 26Financial Position Analysis
Short Term Liabilities: TOIVO's short term assets (€53.0M) exceed its short term liabilities (€27.0M).
Long Term Liabilities: TOIVO's short term assets (€53.0M) do not cover its long term liabilities (€96.3M).
Debt to Equity History and Analysis
Debt Level: TOIVO's net debt to equity ratio (118.7%) is considered high.
Reducing Debt: Insufficient data to determine if TOIVO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TOIVO's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: TOIVO's interest payments on its debt are not well covered by EBIT (2x coverage).