TietoEVRY Oyj Balance Sheet Health
Financial Health criteria checks 3/6
TietoEVRY Oyj has a total shareholder equity of €1.5B and total debt of €913.3M, which brings its debt-to-equity ratio to 62.2%. Its total assets and total liabilities are €3.3B and €1.8B respectively. TietoEVRY Oyj's EBIT is €252.0M making its interest coverage ratio 3.8. It has cash and short-term investments of €198.4M.
Key information
62.2%
Debt to equity ratio
€913.30m
Debt
| Interest coverage ratio | 3.8x |
| Cash | €198.40m |
| Equity | €1.47b |
| Total liabilities | €1.82b |
| Total assets | €3.28b |
Recent financial health updates
Is TietoEVRY Oyj (HEL:TIETO) A Risky Investment?
Jan 08
TietoEVRY Oyj (HEL:TIETO) Has A Pretty Healthy Balance Sheet
Apr 16Here's Why TietoEVRY Oyj (HEL:TIETO) Can Manage Its Debt Responsibly
Dec 01Recent updates
Is TietoEVRY Oyj (HEL:TIETO) A Risky Investment?
Jan 08An Intrinsic Calculation For TietoEVRY Oyj (HEL:TIETO) Suggests It's 48% Undervalued
Dec 07TietoEVRY Oyj (HEL:TIETO) Will Want To Turn Around Its Return Trends
Nov 20Analysts Have Made A Financial Statement On TietoEVRY Oyj's (HEL:TIETO) Third-Quarter Report
Oct 27TietoEVRY Oyj (HEL:TIETO) Will Pay A Dividend Of €0.735
Sep 05Is It Time To Consider Buying TietoEVRY Oyj (HEL:TIETO)?
Aug 09TietoEVRY Oyj (HEL:TIETO) Will Pay A Dividend Of €0.735
Jul 23TietoEVRY Oyj (HEL:TIETO) Is Due To Pay A Dividend Of €0.735
Jun 19Investors Could Be Concerned With TietoEVRY Oyj's (HEL:TIETO) Returns On Capital
Jun 14TietoEVRY Oyj (HEL:TIETO) Has A Pretty Healthy Balance Sheet
Apr 16TietoEVRY Oyj (HEL:TIETO) Has Announced A Dividend Of €0.735
Mar 21Increases to TietoEVRY Oyj's (HEL:TIETO) CEO Compensation Might Cool off for now
Mar 07TietoEVRY Oyj's (HEL:TIETO) Intrinsic Value Is Potentially 78% Above Its Share Price
Mar 06Is Now An Opportune Moment To Examine TietoEVRY Oyj (HEL:TIETO)?
Feb 14TietoEVRY Oyj's (HEL:TIETO) Prospects Need A Boost To Lift Shares
Jan 04Here's Why TietoEVRY Oyj (HEL:TIETO) Can Manage Its Debt Responsibly
Dec 01TietoEVRY Oyj (HEL:TIETO) Shares Could Be 35% Below Their Intrinsic Value Estimate
Nov 16Is Now The Time To Look At Buying TietoEVRY Oyj (HEL:TIETO)?
Oct 25TietoEVRY Oyj (HEL:TIETO) Is Increasing Its Dividend To €0.725
Sep 20Financial Position Analysis
Short Term Liabilities: TIETO's short term assets (€790.6M) do not cover its short term liabilities (€1.0B).
Long Term Liabilities: TIETO's short term assets (€790.6M) exceed its long term liabilities (€783.4M).
Debt to Equity History and Analysis
Debt Level: TIETO's net debt to equity ratio (48.7%) is considered high.
Reducing Debt: TIETO's debt to equity ratio has increased from 58.7% to 62.2% over the past 5 years.
Debt Coverage: TIETO's debt is well covered by operating cash flow (38.4%).
Interest Coverage: TIETO's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 08:19 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/09/30 |
| 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
TietoEVRY Oyj is covered by 31 analysts. 11 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 |
|---|---|
| Karl Berglund | ABG Sundal Collier |
| Raimo Lenschow | Barclays |
| Andrew Gardiner | Barclays |