Fortum Oyj

HLSE:FORTUM Stock Report

Market Cap: €12.6b

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

Fortum Oyj (HEL:FORTUM) Takes On Some Risk With Its Use Of Debt

Dec 31
Fortum Oyj (HEL:FORTUM) Takes On Some Risk With Its Use Of Debt

Is Fortum Oyj (HEL:FORTUM) A Risky Investment?

Mar 05
Is Fortum Oyj (HEL:FORTUM) A Risky Investment?

Recent updates

Fortum Oyj (HEL:FORTUM) Takes On Some Risk With Its Use Of Debt

Dec 31
Fortum Oyj (HEL:FORTUM) Takes On Some Risk With Its Use Of Debt

Fortum Oyj's (HEL:FORTUM) Price Is Right But Growth Is Lacking

Dec 10
Fortum Oyj's (HEL:FORTUM) Price Is Right But Growth Is Lacking

Fortum Oyj Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Nov 02
Fortum Oyj Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Fortum Oyj (HEL:FORTUM) Shares Could Be 40% Below Their Intrinsic Value Estimate

Oct 14
Fortum Oyj (HEL:FORTUM) Shares Could Be 40% Below Their Intrinsic Value Estimate

Fortum Oyj (HEL:FORTUM) Will Pay A Dividend Of €0.57

Aug 05
Fortum Oyj (HEL:FORTUM) Will Pay A Dividend Of €0.57

Fortum Oyj (HEL:FORTUM) Has Announced A Dividend Of €0.57

Jul 22
Fortum Oyj (HEL:FORTUM) Has Announced A Dividend Of €0.57

Fortum Oyj's (HEL:FORTUM) Business And Shares Still Trailing The Market

Jul 21
Fortum Oyj's (HEL:FORTUM) Business And Shares Still Trailing The Market

Fortum Oyj (HEL:FORTUM) Will Pay A Dividend Of €0.57

Jun 28
Fortum Oyj (HEL:FORTUM) Will Pay A Dividend Of €0.57

Fortum Oyj's (HEL:FORTUM) Dividend Will Be €0.57

Jun 09
Fortum Oyj's (HEL:FORTUM) Dividend Will Be €0.57

Fortum Oyj (HEL:FORTUM) Shares Could Be 38% Below Their Intrinsic Value Estimate

May 22
Fortum Oyj (HEL:FORTUM) Shares Could Be 38% Below Their Intrinsic Value Estimate

Fortum Oyj (HEL:FORTUM) Is Due To Pay A Dividend Of €0.57

Apr 25
Fortum Oyj (HEL:FORTUM) Is Due To Pay A Dividend Of €0.57

Fortum Oyj's (HEL:FORTUM) Dividend Will Be €0.57

Mar 28
Fortum Oyj's (HEL:FORTUM) Dividend Will Be €0.57

We Think Shareholders May Want To Consider A Review Of Fortum Oyj's (HEL:FORTUM) CEO Compensation Package

Mar 19
We Think Shareholders May Want To Consider A Review Of Fortum Oyj's (HEL:FORTUM) CEO Compensation Package

Is Fortum Oyj (HEL:FORTUM) A Risky Investment?

Mar 05
Is Fortum Oyj (HEL:FORTUM) A Risky Investment?

Fortum Oyj's (HEL:FORTUM) Shareholders May Want To Dig Deeper Than Statutory Profit

Feb 14
Fortum Oyj's (HEL:FORTUM) Shareholders May Want To Dig Deeper Than Statutory Profit

Financial 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.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 06:05
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

Analyst Sources

Fortum Oyj is covered by 46 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pierre-Yves GauthierAlphaValue
Juan RodriguezAlphaValue
Peter CramptonBarclays