Canatu Oyj Balance Sheet Health
Financial Health criteria checks 2/6
Canatu Oyj has a total shareholder equity of €4.5M and total debt of €99.9M, which brings its debt-to-equity ratio to 2215.8%. Its total assets and total liabilities are €105.8M and €101.3M respectively.
Key information
2,215.8%
Debt to equity ratio
€99.94m
Debt
| Interest coverage ratio | n/a |
| Cash | €131.98k |
| Equity | €4.51m |
| Total liabilities | €101.29m |
| Total assets | €105.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CANATU's short term assets (€105.8M) exceed its short term liabilities (€101.3M).
Long Term Liabilities: CANATU has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CANATU's net debt to equity ratio (2212.9%) is considered high.
Reducing Debt: Insufficient data to determine if CANATU's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CANATU's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CANATU's interest payments on its debt are well covered by EBIT.