Gofore Oyj

HLSE:GOFORE Stock Report

Market Cap: €337.9m

Gofore Oyj Balance Sheet Health

Financial Health criteria checks 6/6

Gofore Oyj has a total shareholder equity of €100.7M and total debt of €10.1M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are €166.9M and €66.3M respectively. Gofore Oyj's EBIT is €22.5M making its interest coverage ratio -362.9. It has cash and short-term investments of €47.4M.

Key information

10.0%

Debt to equity ratio

€10.07m

Debt

Interest coverage ratio-362.9x
Cash€47.37m
Equity€100.66m
Total liabilities€66.28m
Total assets€166.95m

Recent financial health updates

Does Gofore Oyj (HEL:GOFORE) Have A Healthy Balance Sheet?

Mar 23
Does Gofore Oyj (HEL:GOFORE) Have A Healthy Balance Sheet?

Recent updates

Solid Earnings Reflect Gofore Oyj's (HEL:GOFORE) Strength As A Business

Nov 04
Solid Earnings Reflect Gofore Oyj's (HEL:GOFORE) Strength As A Business

We Think Shareholders May Consider Being More Generous With Gofore Oyj's (HEL:GOFORE) CEO Compensation Package

Mar 29
We Think Shareholders May Consider Being More Generous With Gofore Oyj's (HEL:GOFORE) CEO Compensation Package

Gofore Oyj (HEL:GOFORE) Is Increasing Its Dividend To €0.47

Mar 12
Gofore Oyj (HEL:GOFORE) Is Increasing Its Dividend To €0.47

Gofore Oyj (HEL:GOFORE) Has Announced That It Will Be Increasing Its Dividend To €0.47

Feb 24
Gofore Oyj (HEL:GOFORE) Has Announced That It Will Be Increasing Its Dividend To €0.47

Is There An Opportunity With Gofore Oyj's (HEL:GOFORE) 22% Undervaluation?

Jul 21
Is There An Opportunity With Gofore Oyj's (HEL:GOFORE) 22% Undervaluation?

One Gofore Oyj (HEL:GOFORE) Analyst Just Lifted Their Revenue Forecasts By A Notable 12%

Jan 18
One Gofore Oyj (HEL:GOFORE) Analyst Just Lifted Their Revenue Forecasts By A Notable 12%

Upgrade: Analysts Just Made A Sizeable Increase To Their Gofore Oyj (HEL:GOFORE) Forecasts

Mar 02
Upgrade: Analysts Just Made A Sizeable Increase To Their Gofore Oyj (HEL:GOFORE) Forecasts

Earnings Miss: Gofore Oyj Missed EPS By 17% And Analysts Are Revising Their Forecasts

Aug 17
Earnings Miss: Gofore Oyj Missed EPS By 17% And Analysts Are Revising Their Forecasts

I Ran A Stock Scan For Earnings Growth And Gofore Oyj (HEL:GOFORE) Passed With Ease

Jun 10
I Ran A Stock Scan For Earnings Growth And Gofore Oyj (HEL:GOFORE) Passed With Ease

Gofore Oyj (HEL:GOFORE) Is Yielding 1.2% - But Is It A Buy?

Apr 29
Gofore Oyj (HEL:GOFORE) Is Yielding 1.2% - But Is It A Buy?

Does Gofore Oyj (HEL:GOFORE) Have A Healthy Balance Sheet?

Mar 23
Does Gofore Oyj (HEL:GOFORE) Have A Healthy Balance Sheet?

Will Gofore Oyj (HEL:GOFORE) Multiply In Value Going Forward?

Mar 08
Will Gofore Oyj (HEL:GOFORE) Multiply In Value Going Forward?

We Think Gofore Oyj's (HEL:GOFORE) Statutory Profit Might Understate Its Earnings Potential

Feb 14
We Think Gofore Oyj's (HEL:GOFORE) Statutory Profit Might Understate Its Earnings Potential

Gofore Oyj's (HEL:GOFORE) Stock Is Going Strong: Is the Market Following Fundamentals?

Dec 30
Gofore Oyj's (HEL:GOFORE) Stock Is Going Strong: Is the Market Following Fundamentals?

Announcing: Gofore Oyj (HEL:GOFORE) Stock Increased An Energizing 106% In The Last Three Years

Dec 15
Announcing: Gofore Oyj (HEL:GOFORE) Stock Increased An Energizing 106% In The Last Three Years

Financial Position Analysis

Short Term Liabilities: GOFORE's short term assets (€82.4M) exceed its short term liabilities (€45.8M).

Long Term Liabilities: GOFORE's short term assets (€82.4M) exceed its long term liabilities (€20.5M).

Debt to Equity History and Analysis

Debt Level: GOFORE has more cash than its total debt.

Reducing Debt: GOFORE's debt to equity ratio has reduced from 18.6% to 10% over the past 5 years.

Debt Coverage: GOFORE's debt is well covered by operating cash flow (372.9%).

Interest Coverage: GOFORE earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 01:44
End of Day Share Price 2025/02/06 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Gofore Oyj is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Panu LaitinmäkiDanske Bank
Daniel LepistöDanske Bank
Marianne PalmuInderes Oy