Olvi Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Olvi Oyj has a total shareholder equity of €267.7M and total debt of €5.5M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are €545.6M and €277.9M respectively. Olvi Oyj's EBIT is €16.1M making its interest coverage ratio -17. It has cash and short-term investments of €32.5M.
Key information
2.0%
Debt to equity ratio
€5.46m
Debt
| Interest coverage ratio | -17x |
| Cash | €32.48m |
| Equity | €267.72m |
| Total liabilities | €277.93m |
| Total assets | €545.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OLVASH's short term assets (€295.1M) exceed its short term liabilities (€261.9M).
Long Term Liabilities: OLVASH's short term assets (€295.1M) exceed its long term liabilities (€16.0M).
Debt to Equity History and Analysis
Debt Level: OLVASH has more cash than its total debt.
Reducing Debt: OLVASH's debt to equity ratio has reduced from 8.8% to 2% over the past 5 years.
Debt Coverage: OLVASH's debt is well covered by operating cash flow (752.3%).
Interest Coverage: OLVASH earns more interest than it pays, so coverage of interest payments is not a concern.