Finnair Oyj Balance Sheet Health
Financial Health criteria checks 2/6
Finnair Oyj has a total shareholder equity of €577.0M and total debt of €919.4M, which brings its debt-to-equity ratio to 159.3%. Its total assets and total liabilities are €3.7B and €3.1B respectively. Finnair Oyj's EBIT is €205.1M making its interest coverage ratio 2. It has cash and short-term investments of €924.2M.
Key information
159.3%
Debt to equity ratio
€919.40m
Debt
| Interest coverage ratio | 2x |
| Cash | €924.20m |
| Equity | €577.00m |
| Total liabilities | €3.12b |
| Total assets | €3.70b |
Recent financial health updates
Is Finnair Oyj (HEL:FIA1S) A Risky Investment?
Apr 18
Is Finnair Oyj (HEL:FIA1S) Using Too Much Debt?
Oct 08Is Finnair Oyj (HEL:FIA1S) Weighed On By Its Debt Load?
Apr 26Is Finnair Oyj (HEL:FIA1S) Using Debt Sensibly?
Jan 07Health Check: How Prudently Does Finnair Oyj (HEL:FIA1S) Use Debt?
Sep 30Does Finnair Oyj (HEL:FIA1S) Have A Healthy Balance Sheet?
Nov 29Recent updates
Is 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 22Is Finnair Oyj (HEL:FIA1S) Weighed On By Its Debt Load?
Apr 26Is Finnair Oyj (HEL:FIA1S) Using Debt Sensibly?
Jan 07Health Check: How Prudently Does Finnair Oyj (HEL:FIA1S) Use Debt?
Sep 30At €0.40, Is Finnair Oyj (HEL:FIA1S) Worth Looking At Closely?
Mar 07Does Finnair Oyj (HEL:FIA1S) Have A Healthy Balance Sheet?
Nov 29Is Finnair Oyj (HEL:FIA1S) Trading At A 47% Discount?
May 19Analysts Have Just Cut Their Finnair Oyj (HEL:FIA1S) Revenue Estimates By 14%
Feb 18
Finnair Oyj (HEL:FIA1S) Shares Have Generated A Total Return Of Negative 63% In The Last Three Years
Jan 31Financial Position Analysis
Short Term Liabilities: FIA1S's short term assets (€1.2B) do not cover its short term liabilities (€1.3B).
Long Term Liabilities: FIA1S's short term assets (€1.2B) do not cover its long term liabilities (€1.9B).
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 67.6% to 159.3% over the past 5 years.
Debt Coverage: FIA1S's debt is well covered by operating cash flow (51.4%).
Interest Coverage: FIA1S's interest payments on its debt are not well covered by EBIT (2x coverage).