Aspo Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Aspo Oyj has a total shareholder equity of €164.2M and total debt of €182.6M, which brings its debt-to-equity ratio to 111.2%. Its total assets and total liabilities are €460.0M and €295.8M respectively. Aspo Oyj's EBIT is €49.0M making its interest coverage ratio 6.2. It has cash and short-term investments of €43.7M.
Key information
111.2%
Debt to equity ratio
€182.60m
Debt
| Interest coverage ratio | 6.2x |
| Cash | €43.70m |
| Equity | €164.20m |
| Total liabilities | €295.80m |
| Total assets | €460.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASPOH's short term assets (€209.4M) exceed its short term liabilities (€125.7M).
Long Term Liabilities: ASPOH's short term assets (€209.4M) exceed its long term liabilities (€170.1M).
Debt to Equity History and Analysis
Debt Level: ASPOH's net debt to equity ratio (84.6%) is considered high.
Reducing Debt: ASPOH's debt to equity ratio has reduced from 126.1% to 111.2% over the past 5 years.
Debt Coverage: ASPOH's debt is well covered by operating cash flow (30.9%).
Interest Coverage: ASPOH's interest payments on its debt are well covered by EBIT (6.2x coverage).