Heeros Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Heeros Oyj has a total shareholder equity of €7.5M and total debt of €682.0K, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are €10.9M and €3.3M respectively. Heeros Oyj's EBIT is €881.7K making its interest coverage ratio 10.3. It has cash and short-term investments of €622.0K.
Key information
9.1%
Debt to equity ratio
€682.00k
Debt
| Interest coverage ratio | 10.3x |
| Cash | €622.00k |
| Equity | €7.53m |
| Total liabilities | €3.33m |
| Total assets | €10.85m |
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
Heeros Oyj (HEL:HEEROS) Stock Rockets 34% As Investors Are Less Pessimistic Than Expected
Jul 25Calculating The Fair Value Of Heeros Oyj (HEL:HEEROS)
Jul 17Heeros Oyj's (HEL:HEEROS) Share Price Not Quite Adding Up
May 11Calculating 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 (€1.7M) do not cover its short term liabilities (€2.6M).
Long Term Liabilities: HEEROS's short term assets (€1.7M) exceed its long term liabilities (€682.0K).
Debt to Equity History and Analysis
Debt Level: HEEROS's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: HEEROS's debt to equity ratio has reduced from 113.9% to 9.1% over the past 5 years.
Debt Coverage: HEEROS's debt is well covered by operating cash flow (362.5%).
Interest Coverage: HEEROS's interest payments on its debt are well covered by EBIT (10.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:24 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Heeros Oyj is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Inderes Oy |
| Joni Grönqvist | Inderes Oy |