Finnair Oyj Balance Sheet Health
Financial Health criteria checks 2/6
Finnair Oyj has a total shareholder equity of €546.4M and total debt of €820.4M, which brings its debt-to-equity ratio to 150.1%. Its total assets and total liabilities are €3.7B and €3.2B respectively. Finnair Oyj's EBIT is €73.6M making its interest coverage ratio 0.8. It has cash and short-term investments of €955.3M.
Key information
150.15%
Debt to equity ratio
€820.40m
Debt
| Interest coverage ratio | 0.8x |
| Cash | €955.30m |
| Equity | €546.40m |
| Total liabilities | €3.17b |
| Total assets | €3.71b |
Recent financial health updates
Finnair Oyj (HEL:FIA1S) Has A Somewhat Strained Balance Sheet
Mar 24
Is Finnair Oyj (HEL:FIA1S) A Risky Investment?
Apr 18Is Finnair Oyj (HEL:FIA1S) Using Too Much Debt?
Oct 08Recent updates
There May Be Reason For Hope In Finnair Oyj's (HEL:FIA1S) Disappointing Earnings
May 08Finnair Oyj's (HEL:FIA1S) Share Price Is Still Matching Investor Opinion Despite 29% Slump
Apr 06Finnair Oyj (HEL:FIA1S) Has A Somewhat Strained Balance Sheet
Mar 24
Despite Cost Pressures, New Routes And Partnerships May Strengthen Future Prospects
Mar 13 Focus on customer centricity and frequent flyers is poised to drive revenue growth through added value for core customers.Finnair Oyj's (HEL:FIA1S) Shares Leap 31% Yet They're Still Not Telling The Full Story
Feb 14Returns At Finnair Oyj (HEL:FIA1S) Appear To Be Weighed Down
Dec 10Finnair Oyj's (HEL:FIA1S) Earnings Quality Is Low
Nov 06Earnings Update: Finnair Oyj (HEL:FIA1S) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts
Oct 31Finnair Oyj Just Missed EPS By 44%: Here's What Analysts Think Will Happen Next
Jul 24Finnair Oyj's (HEL:FIA1S) Business Is Trailing The Industry But Its Shares Aren't
Jul 20Finnair Oyj (HEL:FIA1S) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Apr 26Is Finnair Oyj (HEL:FIA1S) A Risky Investment?
Apr 18We Believe Finnair Oyj's (HEL:FIA1S) Earnings Are A Poor Guide For Its Profitability
Feb 22Earnings Miss: Finnair Oyj Missed EPS By 41% And Analysts Are Revising Their Forecasts
Feb 17Is It Time To Consider Buying Finnair Oyj (HEL:FIA1S)?
Jan 19Finnair Oyj's (HEL:FIA1S) 26% Share Price Plunge Could Signal Some Risk
Dec 21Calculating The Intrinsic Value Of Finnair Oyj (HEL:FIA1S)
Nov 27Is Finnair Oyj (HEL:FIA1S) Using Too Much Debt?
Oct 08Finnair Oyj (HEL:FIA1S) Shares Could Be 23% Below Their Intrinsic Value Estimate
Aug 22Financial Position Analysis
Short Term Liabilities: FIA1S's short term assets (€1.2B) do not cover its short term liabilities (€1.6B).
Long Term Liabilities: FIA1S's short term assets (€1.2B) do not cover its long term liabilities (€1.6B).
Debt to Equity History and Analysis
Debt Level: FIA1S has more cash than its total debt.
Reducing Debt: FIA1S's debt to equity ratio has increased from 94.3% to 150.1% over the past 5 years.
Debt Coverage: FIA1S's debt is well covered by operating cash flow (81.2%).
Interest Coverage: FIA1S's interest payments on its debt are not well covered by EBIT (0.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/16 16:57 |
| End of Day Share Price | 2025/05/16 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Finnair Oyj is covered by 17 analysts. 3 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 |
|---|---|
| Lars Heindorff | ABG Sundal Collier |
| Andrew Lobbenberg | Barclays |
| Robin Nyberg | Carnegie Investment Bank AB |