Fortum Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Fortum Oyj has a total shareholder equity of €8.6B and total debt of €5.4B, which brings its debt-to-equity ratio to 62.9%. Its total assets and total liabilities are €17.7B and €9.1B respectively. Fortum Oyj's EBIT is €1.3B making its interest coverage ratio -427. It has cash and short-term investments of €4.3B.
Key information
62.9%
Debt to equity ratio
€5.40b
Debt
| Interest coverage ratio | -427x |
| Cash | €4.26b |
| Equity | €8.58b |
| Total liabilities | €9.15b |
| Total assets | €17.73b |
Recent financial health updates
Is Fortum Oyj (HEL:FORTUM) A Risky Investment?
Mar 05
Here's Why Fortum Oyj (HEL:FORTUM) Can Manage Its Debt Responsibly
Nov 18Does Fortum Oyj (HEL:FORTUM) Have A Healthy Balance Sheet?
Sep 02Recent updates
Fortum Oyj Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Nov 02Fortum Oyj (HEL:FORTUM) Shares Could Be 40% Below Their Intrinsic Value Estimate
Oct 14Fortum Oyj (HEL:FORTUM) Will Pay A Dividend Of €0.57
Aug 05Fortum Oyj (HEL:FORTUM) Has Announced A Dividend Of €0.57
Jul 22Fortum Oyj's (HEL:FORTUM) Business And Shares Still Trailing The Market
Jul 21Fortum Oyj (HEL:FORTUM) Will Pay A Dividend Of €0.57
Jun 28Fortum Oyj's (HEL:FORTUM) Dividend Will Be €0.57
Jun 09Fortum Oyj (HEL:FORTUM) Shares Could Be 38% Below Their Intrinsic Value Estimate
May 22Fortum Oyj (HEL:FORTUM) Is Due To Pay A Dividend Of €0.57
Apr 25Fortum Oyj's (HEL:FORTUM) Dividend Will Be €0.57
Mar 28We Think Shareholders May Want To Consider A Review Of Fortum Oyj's (HEL:FORTUM) CEO Compensation Package
Mar 19Is Fortum Oyj (HEL:FORTUM) A Risky Investment?
Mar 05Fortum Oyj's (HEL:FORTUM) Shareholders May Want To Dig Deeper Than Statutory Profit
Feb 14Pinning Down Fortum Oyj's (HEL:FORTUM) P/S Is Difficult Right Now
Dec 19Here's Why Fortum Oyj (HEL:FORTUM) Can Manage Its Debt Responsibly
Nov 18Fortum Oyj (HEL:FORTUM) Shares Could Be 31% Below Their Intrinsic Value Estimate
Nov 03Is There An Opportunity With Fortum Oyj's (HEL:FORTUM) 43% Undervaluation?
Jul 23An Intrinsic Calculation For Fortum Oyj (HEL:FORTUM) Suggests It's 26% Undervalued
Mar 29Does Fortum Oyj (HEL:FORTUM) Have A Healthy Balance Sheet?
Sep 02Need To Know: Analysts Are Much More Bullish On Fortum Oyj (HEL:FORTUM) Revenues
May 19Financial Position Analysis
Short Term Liabilities: FORTUM's short term assets (€7.0B) exceed its short term liabilities (€2.4B).
Long Term Liabilities: FORTUM's short term assets (€7.0B) exceed its long term liabilities (€6.8B).
Debt to Equity History and Analysis
Debt Level: FORTUM's net debt to equity ratio (13.2%) is considered satisfactory.
Reducing Debt: FORTUM's debt to equity ratio has increased from 53.9% to 62.9% over the past 5 years.
Debt Coverage: FORTUM's debt is well covered by operating cash flow (25.5%).
Interest Coverage: FORTUM earns more interest than it pays, so coverage of interest payments is not a concern.