Heeros Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Heeros Oyj has a total shareholder equity of €7.3M and total debt of €2.0M, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are €11.1M and €3.8M respectively. Heeros Oyj's EBIT is €306.7K making its interest coverage ratio 3. It has cash and short-term investments of €439.1K.
Key information
28.1%
Debt to equity ratio
€2.05m
Debt
| Interest coverage ratio | 3x |
| Cash | €439.13k |
| Equity | €7.30m |
| Total liabilities | €3.79m |
| Total assets | €11.08m |
Recent financial health updates
These 4 Measures Indicate That Heeros Oyj (HEL:HEEROS) Is Using Debt Extensively
Oct 08
Does Heeros Oyj (HEL:HEEROS) Have A Healthy Balance Sheet?
Jun 08Heeros Oyj (HEL:HEEROS) Takes On Some Risk With Its Use Of Debt
Oct 18These 4 Measures Indicate That Heeros Oyj (HEL:HEEROS) Is Using Debt Safely
Mar 02Here's Why Heeros Oyj (HEL:HEEROS) Has A Meaningful Debt Burden
Sep 20Here's Why Heeros Oyj (HEL:HEEROS) Can Manage Its Debt Responsibly
Apr 07Recent updates
Calculating The Fair Value Of Heeros Oyj (HEL:HEEROS)
Mar 22Heeros Oyj's (HEL:HEEROS) 27% Price Boost Is Out Of Tune With Revenues
Dec 18These 4 Measures Indicate That Heeros Oyj (HEL:HEEROS) Is Using Debt Extensively
Oct 08Does Heeros Oyj (HEL:HEEROS) Have A Healthy Balance Sheet?
Jun 08Subdued Growth No Barrier To Heeros Oyj's (HEL:HEEROS) Price
Apr 20Is Heeros Oyj (HEL:HEEROS) Potentially Undervalued?
Dec 14Heeros Oyj (HEL:HEEROS) Takes On Some Risk With Its Use Of Debt
Oct 18Is Now An Opportune Moment To Examine Heeros Oyj (HEL:HEEROS)?
Jul 01These 4 Measures Indicate That Heeros Oyj (HEL:HEEROS) Is Using Debt Safely
Mar 02Why Heeros Oyj (HEL:HEEROS) Could Be Worth Watching
Nov 04Here's Why Heeros Oyj (HEL:HEEROS) Has A Meaningful Debt Burden
Sep 20Here's Why Heeros Oyj (HEL:HEEROS) Can Manage Its Debt Responsibly
Apr 07Is Heeros Oyj's (HEL:HEEROS) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Feb 14Market Sentiment Around Loss-Making Heeros Oyj (HEL:HEEROS)
Dec 20Why Heeros Oyj (HEL:HEEROS) Could Be Worth Watching
Nov 23
Financial Position Analysis
Short Term Liabilities: HEEROS's short term assets (€1.5M) do not cover its short term liabilities (€2.5M).
Long Term Liabilities: HEEROS's short term assets (€1.5M) exceed its long term liabilities (€1.2M).
Debt to Equity History and Analysis
Debt Level: HEEROS's net debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: HEEROS's debt to equity ratio has reduced from 102.4% to 28.1% over the past 5 years.
Debt Coverage: HEEROS's debt is well covered by operating cash flow (98.4%).
Interest Coverage: HEEROS's interest payments on its debt are well covered by EBIT (3x coverage).