Boreo Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Boreo Oyj has a total shareholder equity of €44.7M and total debt of €34.8M, which brings its debt-to-equity ratio to 77.9%. Its total assets and total liabilities are €111.0M and €66.3M respectively. Boreo Oyj's EBIT is €3.3M making its interest coverage ratio 1.2. It has cash and short-term investments of €5.5M.
Key information
77.9%
Debt to equity ratio
€34.80m
Debt
| Interest coverage ratio | 1.2x |
| Cash | €5.50m |
| Equity | €44.70m |
| Total liabilities | €66.30m |
| Total assets | €111.00m |
Recent financial health updates
Recent updates
Boreo Oyj's (HEL:BOREO) Soft Earnings Don't Show The Whole Picture
May 11
Investors Could Be Concerned With Boreo Oyj's (HEL:BOREO) Returns On Capital
May 01It's Unlikely That The CEO Of Boreo Oyj (HEL:BOREO) Will See A Huge Pay Rise This Year
Apr 11At €22.20, Is Boreo Oyj (HEL:BOREO) Worth Looking At Closely?
Mar 26There May Be Reason For Hope In Boreo Oyj's (HEL:BOREO) Disappointing Earnings
Nov 10Is Boreo Oyj (HEL:BOREO) A Risky Investment?
Oct 24Financial Position Analysis
Short Term Liabilities: BOREO's short term assets (€47.3M) exceed its short term liabilities (€33.4M).
Long Term Liabilities: BOREO's short term assets (€47.3M) exceed its long term liabilities (€32.9M).
Debt to Equity History and Analysis
Debt Level: BOREO's net debt to equity ratio (65.5%) is considered high.
Reducing Debt: BOREO's debt to equity ratio has increased from 8.1% to 77.9% over the past 5 years.
Debt Coverage: BOREO's debt is well covered by operating cash flow (20.1%).
Interest Coverage: BOREO's interest payments on its debt are not well covered by EBIT (1.2x coverage).