Enento Group Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Enento Group Oyj has a total shareholder equity of €274.2M and total debt of €145.7M, which brings its debt-to-equity ratio to 53.1%. Its total assets and total liabilities are €475.0M and €200.8M respectively. Enento Group Oyj's EBIT is €29.8M making its interest coverage ratio 5. It has cash and short-term investments of €8.7M.
Key information
53.1%
Debt to equity ratio
€145.70m
Debt
Interest coverage ratio | 5x |
Cash | €8.71m |
Equity | €274.17m |
Total liabilities | €200.78m |
Total assets | €474.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENENTH's short term assets (€38.8M) exceed its short term liabilities (€31.8M).
Long Term Liabilities: ENENTH's short term assets (€38.8M) do not cover its long term liabilities (€168.9M).
Debt to Equity History and Analysis
Debt Level: ENENTH's net debt to equity ratio (50%) is considered high.
Reducing Debt: ENENTH's debt to equity ratio has reduced from 53.7% to 53.1% over the past 5 years.
Debt Coverage: ENENTH's debt is well covered by operating cash flow (27.2%).
Interest Coverage: ENENTH's interest payments on its debt are well covered by EBIT (5x coverage).