Netum Group Oyj Balance Sheet Health
Financial Health criteria checks 1/6
Netum Group Oyj has a total shareholder equity of €12.8M and total debt of €9.4M, which brings its debt-to-equity ratio to 73.6%. Its total assets and total liabilities are €32.9M and €20.1M respectively.
Key information
73.6%
Debt to equity ratio
€9.42m
Debt
| Interest coverage ratio | n/a |
| Cash | €486.38k |
| Equity | €12.80m |
| Total liabilities | €20.09m |
| Total assets | €32.89m |
Financial Position Analysis
Short Term Liabilities: NETUM's short term assets (€8.7M) do not cover its short term liabilities (€11.1M).
Long Term Liabilities: NETUM's short term assets (€8.7M) do not cover its long term liabilities (€9.0M).
Debt to Equity History and Analysis
Debt Level: NETUM's net debt to equity ratio (69.8%) is considered high.
Reducing Debt: NETUM's debt to equity ratio has reduced from 166.5% to 73.6% over the past 5 years.
Debt Coverage: NETUM's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: Insufficient data to determine if NETUM's interest payments on its debt are well covered by EBIT.