TietoEVRY Oyj Balance Sheet Health
Financial Health criteria checks 4/6
TietoEVRY Oyj has a total shareholder equity of €1.4B and total debt of €952.8M, which brings its debt-to-equity ratio to 68%. Its total assets and total liabilities are €3.5B and €2.1B respectively. TietoEVRY Oyj's EBIT is €241.2M making its interest coverage ratio 6.2. It has cash and short-term investments of €266.8M.
Key information
68.0%
Debt to equity ratio
€952.80m
Debt
Interest coverage ratio | 6.2x |
Cash | €266.80m |
Equity | €1.40b |
Total liabilities | €2.06b |
Total assets | €3.46b |
Recent financial health updates
TietoEVRY Oyj (HEL:TIETO) Has A Pretty Healthy Balance Sheet
Apr 16Here's Why TietoEVRY Oyj (HEL:TIETO) Can Manage Its Debt Responsibly
Dec 01Here's Why TietoEVRY Oyj (HEL:TIETO) Can Manage Its Debt Responsibly
Jul 20Recent updates
TietoEVRY 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 20TietoEVRY Oyj's (HEL:TIETO) Dividend Will Be Increased To €0.66
Sep 09TietoEVRY Oyj (HEL:TIETO) Might Be Having Difficulty Using Its Capital Effectively
Sep 09TietoEVRY Oyj's (HEL:TIETO) Dividend Will Be Increased To €0.66
Aug 05Here's Why TietoEVRY Oyj (HEL:TIETO) Can Manage Its Debt Responsibly
Jul 20Is It Too Late To Consider Buying TietoEVRY Oyj (HEL:TIETO)?
Jun 21Financial Position Analysis
Short Term Liabilities: TIETO's short term assets (€931.4M) do not cover its short term liabilities (€1.3B).
Long Term Liabilities: TIETO's short term assets (€931.4M) exceed its long term liabilities (€761.9M).
Debt to Equity History and Analysis
Debt Level: TIETO's net debt to equity ratio (49%) is considered high.
Reducing Debt: TIETO's debt to equity ratio has reduced from 75.5% to 68% over the past 5 years.
Debt Coverage: TIETO's debt is well covered by operating cash flow (24.6%).
Interest Coverage: TIETO's interest payments on its debt are well covered by EBIT (6.2x coverage).