Lassila & Tikanoja Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Lassila & Tikanoja Oyj has a total shareholder equity of €210.2M and total debt of €126.0M, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are €647.2M and €437.0M respectively. Lassila & Tikanoja Oyj's EBIT is €35.5M making its interest coverage ratio 6.1. It has cash and short-term investments of €28.0M.
Key information
59.9%
Debt to equity ratio
€126.00m
Debt
Interest coverage ratio | 6.1x |
Cash | €28.00m |
Equity | €210.20m |
Total liabilities | €437.00m |
Total assets | €647.20m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0F29's short term assets (€159.0M) do not cover its short term liabilities (€213.5M).
Long Term Liabilities: 0F29's short term assets (€159.0M) do not cover its long term liabilities (€223.5M).
Debt to Equity History and Analysis
Debt Level: 0F29's net debt to equity ratio (46.6%) is considered high.
Reducing Debt: 0F29's debt to equity ratio has reduced from 78% to 59.9% over the past 5 years.
Debt Coverage: 0F29's debt is well covered by operating cash flow (54.5%).
Interest Coverage: 0F29's interest payments on its debt are well covered by EBIT (6.1x coverage).