Elisa Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Elisa Oyj has a total shareholder equity of €1.4B and total debt of €1.3B, which brings its debt-to-equity ratio to 91.3%. Its total assets and total liabilities are €3.1B and €1.8B respectively. Elisa Oyj's EBIT is €481.9M making its interest coverage ratio 18.1. It has cash and short-term investments of €84.1M.
Key information
91.3%
Debt to equity ratio
€1.25b
Debt
| Interest coverage ratio | 18.1x |
| Cash | €84.10m |
| Equity | €1.37b |
| Total liabilities | €1.77b |
| Total assets | €3.14b |
Recent financial health updates
Elisa Oyj (HEL:ELISA) Seems To Use Debt Quite Sensibly
Nov 16
Is Elisa Oyj (HEL:ELISA) Using Too Much Debt?
Aug 03Here's Why Elisa Oyj (HEL:ELISA) Can Manage Its Debt Responsibly
Apr 21Elisa Oyj (HEL:ELISA) Seems To Use Debt Quite Sensibly
Oct 18Here's Why Elisa Oyj (HEL:ELISA) Can Manage Its Debt Responsibly
Jul 15Elisa Oyj (HEL:ELISA) Seems To Use Debt Quite Sensibly
Apr 14Recent updates
Getting In Cheap On Elisa Oyj (HEL:ELISA) Is Unlikely
May 14An Intrinsic Calculation For Elisa Oyj (HEL:ELISA) Suggests It's 39% Undervalued
Apr 02Returns On Capital At Elisa Oyj (HEL:ELISA) Have Hit The Brakes
Mar 18Earnings Update: Elisa Oyj (HEL:ELISA) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts
Jan 31Elisa Oyj's (HEL:ELISA) Share Price Not Quite Adding Up
Jan 05Here's What To Make Of Elisa Oyj's (HEL:ELISA) Decelerating Rates Of Return
Dec 18Elisa Oyj (HEL:ELISA) Seems To Use Debt Quite Sensibly
Nov 16Are Investors Undervaluing Elisa Oyj (HEL:ELISA) By 27%?
Oct 31Elisa Oyj (HEL:ELISA) Is Very Good At Capital Allocation
Sep 13Is Elisa Oyj (HEL:ELISA) Using Too Much Debt?
Aug 03Elisa Oyj's (HEL:ELISA) Intrinsic Value Is Potentially 17% Below Its Share Price
Jul 18Elisa Oyj (HEL:ELISA) Is Investing Its Capital With Increasing Efficiency
Jun 15Here's Why Elisa Oyj (HEL:ELISA) Can Manage Its Debt Responsibly
Apr 21Elisa Oyj's (HEL:ELISA) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 05Here's Why Shareholders May Consider Paying Elisa Oyj's (HEL:ELISA) CEO A Little More
Mar 30Estimating The Fair Value Of Elisa Oyj (HEL:ELISA)
Mar 26Investors Met With Slowing Returns on Capital At Elisa Oyj (HEL:ELISA)
Mar 12Here's Why We Think Elisa Oyj (HEL:ELISA) Might Deserve Your Attention Today
Feb 13Elisa Oyj (HEL:ELISA) Has Announced That It Will Be Increasing Its Dividend To €2.15
Jan 30A Look At The Fair Value Of Elisa Oyj (HEL:ELISA)
Dec 19The Returns At Elisa Oyj (HEL:ELISA) Aren't Growing
Dec 04Elisa Oyj (HEL:ELISA) Seems To Use Debt Quite Sensibly
Oct 18Estimating The Intrinsic Value Of Elisa Oyj (HEL:ELISA)
Sep 03Investors Met With Slowing Returns on Capital At Elisa Oyj (HEL:ELISA)
Aug 19Here's Why Elisa Oyj (HEL:ELISA) Can Manage Its Debt Responsibly
Jul 15Estimating The Intrinsic Value Of Elisa Oyj (HEL:ELISA)
May 31Elisa Oyj (HEL:ELISA) Hasn't Managed To Accelerate Its Returns
May 15Elisa Oyj (HEL:ELISA) Seems To Use Debt Quite Sensibly
Apr 14Here's Why We Think Elisa Oyj (HEL:ELISA) Is Well Worth Watching
Mar 30Returns At Elisa Oyj (HEL:ELISA) Appear To Be Weighed Down
Feb 13Elisa Oyj (HEL:ELISA) Is Increasing Its Dividend To €2.05
Jan 29An Intrinsic Calculation For Elisa Oyj (HEL:ELISA) Suggests It's 29% Undervalued
Jan 22We Think Elisa Oyj (HEL:ELISA) Can Stay On Top Of Its Debt
Jan 08Returns At Elisa Oyj (HEL:ELISA) Appear To Be Weighed Down
Nov 07Is Elisa Oyj (HEL:ELISA) Trading At A 40% Discount?
Oct 23We Think Elisa Oyj (HEL:ELISA) Can Stay On Top Of Its Debt
Oct 07Return Trends At Elisa Oyj (HEL:ELISA) Aren't Appealing
Aug 03Elisa Oyj's (HEL:ELISA) Intrinsic Value Is Potentially 1.0% Below Its Share Price
Jul 17Financial Position Analysis
Short Term Liabilities: ELISA's short term assets (€681.8M) exceed its short term liabilities (€639.1M).
Long Term Liabilities: ELISA's short term assets (€681.8M) do not cover its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: ELISA's net debt to equity ratio (85.2%) is considered high.
Reducing Debt: ELISA's debt to equity ratio has reduced from 108.3% to 91.3% over the past 5 years.
Debt Coverage: ELISA's debt is well covered by operating cash flow (52.9%).
Interest Coverage: ELISA's interest payments on its debt are well covered by EBIT (18.1x coverage).