Caverion Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Caverion Oyj has a total shareholder equity of €168.1M and total debt of €206.4M, which brings its debt-to-equity ratio to 122.8%. Its total assets and total liabilities are €1.4B and €1.2B respectively. Caverion Oyj's EBIT is €74.3M making its interest coverage ratio 8.4. It has cash and short-term investments of €36.1M.
Key information
122.8%
Debt to equity ratio
€206.40m
Debt
Interest coverage ratio | 8.4x |
Cash | €36.10m |
Equity | €168.10m |
Total liabilities | €1.24b |
Total assets | €1.41b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAV1VH's short term assets (€719.0M) do not cover its short term liabilities (€923.4M).
Long Term Liabilities: CAV1VH's short term assets (€719.0M) exceed its long term liabilities (€317.5M).
Debt to Equity History and Analysis
Debt Level: CAV1VH's net debt to equity ratio (101.3%) is considered high.
Reducing Debt: CAV1VH's debt to equity ratio has increased from 27.8% to 122.8% over the past 5 years.
Debt Coverage: CAV1VH's debt is well covered by operating cash flow (63.2%).
Interest Coverage: CAV1VH's interest payments on its debt are well covered by EBIT (8.4x coverage).