Saga Furs Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Saga Furs Oyj has a total shareholder equity of €86.7M and total debt of €8.5M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are €115.3M and €28.6M respectively. Saga Furs Oyj's EBIT is €1.7M making its interest coverage ratio -0.6. It has cash and short-term investments of €18.6M.
Key information
9.8%
Debt to equity ratio
€8.53m
Debt
| Interest coverage ratio | -0.6x |
| Cash | €18.64m |
| Equity | €86.67m |
| Total liabilities | €28.63m |
| Total assets | €115.30m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SAGCVH's short term assets (€81.2M) exceed its short term liabilities (€23.2M).
Long Term Liabilities: SAGCVH's short term assets (€81.2M) exceed its long term liabilities (€5.5M).
Debt to Equity History and Analysis
Debt Level: SAGCVH has more cash than its total debt.
Reducing Debt: SAGCVH's debt to equity ratio has reduced from 54.5% to 9.8% over the past 5 years.
Debt Coverage: SAGCVH's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: SAGCVH earns more interest than it pays, so coverage of interest payments is not a concern.