Anora Group Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Anora Group Oyj has a total shareholder equity of €479.8M and total debt of €256.7M, which brings its debt-to-equity ratio to 53.5%. Its total assets and total liabilities are €1.2B and €751.0M respectively. Anora Group Oyj's EBIT is €41.7M making its interest coverage ratio 5.1. It has cash and short-term investments of €76.8M.
Key information
53.5%
Debt to equity ratio
€256.70m
Debt
| Interest coverage ratio | 5.1x |
| Cash | €76.80m |
| Equity | €479.80m |
| Total liabilities | €751.00m |
| Total assets | €1.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANORAH's short term assets (€470.8M) exceed its short term liabilities (€434.8M).
Long Term Liabilities: ANORAH's short term assets (€470.8M) exceed its long term liabilities (€316.2M).
Debt to Equity History and Analysis
Debt Level: ANORAH's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: ANORAH's debt to equity ratio has reduced from 62.7% to 53.5% over the past 5 years.
Debt Coverage: ANORAH's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: ANORAH's interest payments on its debt are well covered by EBIT (5.1x coverage).