Marimekko Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Marimekko Oyj has a total shareholder equity of €58.0M and total debt of €2.0M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are €109.9M and €51.9M respectively. Marimekko Oyj's EBIT is €27.8M making its interest coverage ratio 29. It has cash and short-term investments of €28.1M.
Key information
3.5%
Debt to equity ratio
€2.04m
Debt
| Interest coverage ratio | 29x |
| Cash | €28.08m |
| Equity | €58.02m |
| Total liabilities | €51.92m |
| Total assets | €109.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEKKOH's short term assets (€74.2M) exceed its short term liabilities (€26.7M).
Long Term Liabilities: MEKKOH's short term assets (€74.2M) exceed its long term liabilities (€25.2M).
Debt to Equity History and Analysis
Debt Level: MEKKOH has more cash than its total debt.
Reducing Debt: MEKKOH's debt to equity ratio has increased from 0% to 3.5% over the past 5 years.
Debt Coverage: MEKKOH's debt is well covered by operating cash flow (1037.7%).
Interest Coverage: MEKKOH's interest payments on its debt are well covered by EBIT (29x coverage).