Fiskars Oyj Abp Balance Sheet Health
Financial Health criteria checks 4/6
Fiskars Oyj Abp has a total shareholder equity of €789.0M and total debt of €312.4M, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are €1.6B and €787.0M respectively. Fiskars Oyj Abp's EBIT is €118.7M making its interest coverage ratio 11.1. It has cash and short-term investments of €76.3M.
Key information
39.6%
Debt to equity ratio
€312.40m
Debt
Interest coverage ratio | 11.1x |
Cash | €76.30m |
Equity | €789.00m |
Total liabilities | €787.00m |
Total assets | €1.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FSKRSH's short term assets (€674.9M) exceed its short term liabilities (€485.8M).
Long Term Liabilities: FSKRSH's short term assets (€674.9M) exceed its long term liabilities (€301.2M).
Debt to Equity History and Analysis
Debt Level: FSKRSH's net debt to equity ratio (29.9%) is considered satisfactory.
Reducing Debt: FSKRSH's debt to equity ratio has increased from 19.2% to 39.6% over the past 5 years.
Debt Coverage: FSKRSH's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: FSKRSH's interest payments on its debt are well covered by EBIT (11.1x coverage).