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
TietoEVRY Oyj (HEL:TIETO) Has A Pretty Healthy Balance Sheet
Apr 16
Here's Why TietoEVRY Oyj (HEL:TIETO) Can Manage Its Debt Responsibly
Dec 01Recent updates
Analysts 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).