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
Recent updates
Fortum Oyj's (HEL:FORTUM) Price Is Right But Growth Is Lacking
Dec 10
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 14Financial 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 22:58 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 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 47 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.
| Analyst | Institution |
|---|---|
| Pierre-Yves Gauthier | AlphaValue |
| Juan Rodriguez | AlphaValue |
| Peter Crampton | Barclays |