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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/07/23 16:24 |
| End of Day Share Price | 2023/04/25 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Marimekko Oyj is covered by 13 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Lars Topholm | Carnegie Investment Bank AB |
| null null | Danske Bank |
| Calle Loikkanen | Danske Bank |