Honkarakenne Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Honkarakenne Oyj has a total shareholder equity of €16.9M and total debt of €1.6M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are €38.6M and €21.7M respectively. Honkarakenne Oyj's EBIT is €3.4M making its interest coverage ratio 42. It has cash and short-term investments of €11.9M.
Key information
9.5%
Debt to equity ratio
€1.60m
Debt
Interest coverage ratio | 42x |
Cash | €11.94m |
Equity | €16.90m |
Total liabilities | €21.72m |
Total assets | €38.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0EPR's short term assets (€23.9M) exceed its short term liabilities (€18.5M).
Long Term Liabilities: 0EPR's short term assets (€23.9M) exceed its long term liabilities (€3.2M).
Debt to Equity History and Analysis
Debt Level: 0EPR has more cash than its total debt.
Reducing Debt: 0EPR's debt to equity ratio has reduced from 82% to 9.5% over the past 5 years.
Debt Coverage: 0EPR's debt is well covered by operating cash flow (450.6%).
Interest Coverage: 0EPR's interest payments on its debt are well covered by EBIT (42x coverage).