Toivo Group Oyj Balance Sheet Health
Financial Health criteria checks 1/6
Toivo Group Oyj has a total shareholder equity of €68.5M and total debt of €72.3M, which brings its debt-to-equity ratio to 105.5%. Its total assets and total liabilities are €162.2M and €93.7M respectively. Toivo Group Oyj's EBIT is €5.6M making its interest coverage ratio 1.2. It has cash and short-term investments of €7.9M.
Key information
105.5%
Debt to equity ratio
€72.26m
Debt
| Interest coverage ratio | 1.2x |
| Cash | €7.86m |
| Equity | €68.50m |
| Total liabilities | €93.73m |
| Total assets | €162.23m |
Recent financial health updates
No updates
Recent updates
One Analyst's Revenue Estimates For Toivo Group Oyj (HEL:TOIVO) Are Surging Higher
Nov 12
A Piece Of The Puzzle Missing From Toivo Group Oyj's (HEL:TOIVO) 25% Share Price Climb
May 31Is Now An Opportune Moment To Examine Toivo Group Oyj (HEL:TOIVO)?
May 28Benign Growth For Toivo Group Oyj (HEL:TOIVO) Underpins Its Share Price
Jan 04Some 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 (€22.9M) exceed its short term liabilities (€12.9M).
Long Term Liabilities: TOIVO's short term assets (€22.9M) do not cover its long term liabilities (€80.8M).
Debt to Equity History and Analysis
Debt Level: TOIVO's net debt to equity ratio (94%) 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 (4.9%).
Interest Coverage: TOIVO's interest payments on its debt are not well covered by EBIT (1.2x coverage).