Bittium Oyj Balance Sheet Health

Financial Health criteria checks 3/6

Bittium Oyj has a total shareholder equity of €107.6M and total debt of €20.0M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are €157.7M and €50.1M respectively.

Key information

18.6%

Debt to equity ratio

€20.00m

Debt

Interest coverage ratio	n/a
Cash	€8.33m
Equity	€107.59m
Total liabilities	€50.07m
Total assets	€157.66m

Recent financial health updates

Recent updates

Bittium Oyj's (HEL:BITTI) Shares Climb 30% But Its Business Is Yet to Catch Up

Apr 06

Bittium Oyj (HEL:BITTI) Just Reported And Analysts Have Been Lifting Their Price Targets

Feb 14

We Like These Underlying Return On Capital Trends At Bittium Oyj (HEL:BITTI)

Sep 21

Bittium Oyj Just Beat EPS By 55%: Here's What Analysts Think Will Happen Next

Feb 12

Is Bittium Oyj (HEL:BITTI) Using Too Much Debt?

Aug 10

Returns On Capital At Bittium Oyj (HEL:BITTI) Have Hit The Brakes

Jun 09

Calculating The Intrinsic Value Of Bittium Oyj (HEL:BITTI)

Apr 28

This Is Why We Think Bittium Oyj's (HEL:BITTI) CEO Might Get A Pay Rise Approved By Shareholders

Apr 07

Here's Why Bittium Oyj (HEL:BITTI) Has A Meaningful Debt Burden

Mar 22

Do Its Financials Have Any Role To Play In Driving Bittium Oyj's (HEL:BITTI) Stock Up Recently?

Feb 18

What Do The Returns At Bittium Oyj (HEL:BITTI) Mean Going Forward?

Feb 04

If You Like EPS Growth Then Check Out Bittium Oyj (HEL:BITTI) Before It's Too Late

Jan 22

A Look At The Fair Value Of Bittium Oyj (HEL:BITTI)

Jan 09

Bittium Oyj's (HEL:BITTI) Stock Price Has Reduced 16% In The Past Five Years

Dec 23

Should You Use Bittium Oyj's (HEL:BITTI) Statutory Earnings To Analyse It?

Dec 08

Is Bittium Oyj (HEL:BITTI) Using Too Much Debt?

Nov 23

Financial Position Analysis

Short Term Liabilities: BITTI's short term assets (€73.1M) exceed its short term liabilities (€48.3M).

Long Term Liabilities: BITTI's short term assets (€73.1M) exceed its long term liabilities (€1.8M).

Debt to Equity History and Analysis

Debt Level: BITTI's net debt to equity ratio (10.8%) is considered satisfactory.

Reducing Debt: BITTI's debt to equity ratio has increased from 0% to 18.6% over the past 5 years.

Debt Coverage: BITTI's debt is not well covered by operating cash flow (6.1%).

Interest Coverage: Insufficient data to determine if BITTI's interest payments on its debt are well covered by EBIT.

Balance Sheet

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Bittium Oyj Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Is Bittium Oyj (HEL:BITTI) Using Too Much Debt?

Here's Why Bittium Oyj (HEL:BITTI) Has A Meaningful Debt Burden

Is Bittium Oyj (HEL:BITTI) Using Too Much Debt?

Recent updates

Bittium Oyj Approves Extraordinary Dividend

Bittium Oyj's (HEL:BITTI) Shares Climb 30% But Its Business Is Yet to Catch Up

New minor risk - Share price stability

Upcoming dividend of €0.03 per share

Full year 2023 earnings: EPS and revenues miss analyst expectations

Bittium Corporation Appoints Petri Hiljanen as Member of Management Group as of April 1, 2024

Bittium Oyj (HEL:BITTI) Just Reported And Analysts Have Been Lifting Their Price Targets

Dividend reduced to €0.03

Full year 2023 earnings: EPS and revenues miss analyst expectations

Bittium Corporation Proposes Dividend for the Financial Year Ended December 31, 2023, Payable on April 19, 2024

Bittium Corporation Appoints Antti Näykki as Vice President, Group Business Development from Senior Vice President, Medical Business Segment, Effective February 1, 2024

Bittium Oyj to Report Nine Months, 2024 Results on Oct 18, 2024

Price target increased by 19% to €5.00

Bittium Corporation Provides Earnings Guidance for the Year 2023 and 2024

Bittium Corporation Lowers Earnings Guidance for the Year 2023

Bittium Corporation Continues to Develop Its Operations Towards Independent Business Units and Starts Change Negotiations

Bittium Announces Management Changes

First half 2023 earnings: EPS and revenues miss analyst expectations

Bittium Corporation Appoints Raimo Jyväsjärvi as an Advisor to the Board of Directors

Bittium Oyj (HLSE:BITTI) commences an Equity Buyback Plan for 3,500,000 shares, representing 9.8% of its issued share capital, under the authorization approved on April 12, 2023.

Bittium Corporation Announces Executive Changes

Upcoming dividend of €0.05 per share at 1.2% yield

Full year 2022 earnings: EPS and revenues miss analyst expectations

Full year 2022 earnings: EPS and revenues miss analyst expectations

Bittium Oyj Proposes Dividend for the Financial Period of January 1, 2022 - December 31, 2022, Payable on April 21, 2023

Bittium Oyj to Report Q1, 2023 Results on Apr 27, 2023

Bittium Oyj Announces Executive Changes

Price target decreased to €5.50

Bittium Oyj Announces Earnings Guidance for the Year 2022

Bittium Corporation Announces Resignation of Hannu Huttunen as CEO

We Like These Underlying Return On Capital Trends At Bittium Oyj (HEL:BITTI)

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Bittium Oyj Provides Sales Guidance for the Full Year 2022

Bittium Corporation Provides Earnings Guidance for the Period from January to June 2022

Price target decreased to €5.50

Bittium Oyj Approves Dividend for the Financial Year January 1, 2021 - December 31, 2021, Payable on April 19, 2022

Upcoming dividend of €0.04 per share

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Bittium Oyj Just Beat EPS By 55%: Here's What Analysts Think Will Happen Next

Price target decreased to €5.50

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Bittium Corporation Proposes Dividend for the Financial Period January 1, 2021 - December 31, 2021, Payable on April 19, 2022

Third quarter 2021 earnings released: EPS €0.002 (vs €0.029 loss in 3Q 2020)

Is Bittium Oyj (HEL:BITTI) Using Too Much Debt?

Second quarter 2021 earnings released: EPS €0.014 (vs €0.035 in 2Q 2020)

Bittium Oyj Provides Earnings Guidance for the Year 2021

Returns On Capital At Bittium Oyj (HEL:BITTI) Have Hit The Brakes

Senior Vice President of Sales Sammy Loitto has left the company

Calculating The Intrinsic Value Of Bittium Oyj (HEL:BITTI)

Independent Director has left the company

Independent Director has left the company

This Is Why We Think Bittium Oyj's (HEL:BITTI) CEO Might Get A Pay Rise Approved By Shareholders

Here's Why Bittium Oyj (HEL:BITTI) Has A Meaningful Debt Burden

Full year 2020 earnings released: EPS €0.061 (vs €0.21 in FY 2019)

Bittium Corporation Announces the Finnish Defence Forces Order Bittium Tac Win™ Products and Bittium Tough Comnode™ Devices

Do Its Financials Have Any Role To Play In Driving Bittium Oyj's (HEL:BITTI) Stock Up Recently?

Bittium Corporation Announces Resignation of Directors

Full year 2020 earnings released: EPS €0.062 (vs €0.21 in FY 2019)

Revenue and earnings miss expectations

New 90-day high: €7.10

What Do The Returns At Bittium Oyj (HEL:BITTI) Mean Going Forward?

If You Like EPS Growth Then Check Out Bittium Oyj (HEL:BITTI) Before It's Too Late

Investor sentiment improved over the past week

A Look At The Fair Value Of Bittium Oyj (HEL:BITTI)

Bittium Oyj's (HEL:BITTI) Stock Price Has Reduced 16% In The Past Five Years

Bittium Oyj, Annual General Meeting, Apr 14, 2021

Should You Use Bittium Oyj's (HEL:BITTI) Statutory Earnings To Analyse It?

Analysts lower EPS estimates to €0.16

Price target lowered to €5.50

Bittium Corporation Lowers Financial Outlook for 2020

New 90-day low: €5.24

Is Bittium Oyj (HEL:BITTI) Using Too Much Debt?