Fortum Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Fortum Oyj has a total shareholder equity of €8.4B and total debt of €5.9B, which brings its debt-to-equity ratio to 69.8%. Its total assets and total liabilities are €19.0B and €10.6B respectively. Fortum Oyj's EBIT is €1.4B making its interest coverage ratio 28.1. It has cash and short-term investments of €5.0B.
Key information
69.8%
Debt to equity ratio
€5.86b
Debt
| Interest coverage ratio | 28.1x |
| Cash | €4.97b |
| Equity | €8.39b |
| Total liabilities | €10.57b |
| Total assets | €18.96b |
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 02We Think Fortum Oyj (HEL:FORTUM) Can Stay On Top Of Its Debt
Feb 14Is Fortum Oyj (HEL:FORTUM) Using Too Much Debt?
Oct 28Recent updates
Fortum 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 19When Should You Buy Fortum Oyj (HEL:FORTUM)?
May 06We Think Fortum Oyj (HEL:FORTUM) Can Stay On Top Of Its Debt
Feb 14At €25.30, Is Fortum Oyj (HEL:FORTUM) Worth Looking At Closely?
Jan 20Fortum Oyj's (HEL:FORTUM) Intrinsic Value Is Potentially 40% Above Its Share Price
Dec 30Is Fortum Oyj (HEL:FORTUM) Using Too Much Debt?
Oct 28Should You Investigate Fortum Oyj (HEL:FORTUM) At €26.74?
Oct 13Financial Position Analysis
Short Term Liabilities: FORTUM's short term assets (€7.6B) exceed its short term liabilities (€4.5B).
Long Term Liabilities: FORTUM's short term assets (€7.6B) exceed its long term liabilities (€6.1B).
Debt to Equity History and Analysis
Debt Level: FORTUM's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: FORTUM's debt to equity ratio has increased from 56.1% to 69.8% over the past 5 years.
Debt Coverage: FORTUM's debt is well covered by operating cash flow (30.3%).
Interest Coverage: FORTUM's interest payments on its debt are well covered by EBIT (28.1x coverage).