Suominen Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Suominen Oyj has a total shareholder equity of €165.2M and total debt of €134.2M, which brings its debt-to-equity ratio to 81.3%. Its total assets and total liabilities are €415.1M and €249.9M respectively. Suominen Oyj's EBIT is €102.0K making its interest coverage ratio -0.1. It has cash and short-term investments of €84.7M.
Key information
81.3%
Debt to equity ratio
€134.25m
Debt
| Interest coverage ratio | -0.08x |
| Cash | €84.66m |
| Equity | €165.19m |
| Total liabilities | €249.89m |
| Total assets | €415.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0M1M's short term assets (€244.1M) exceed its short term liabilities (€172.4M).
Long Term Liabilities: 0M1M's short term assets (€244.1M) exceed its long term liabilities (€77.5M).
Debt to Equity History and Analysis
Debt Level: 0M1M's net debt to equity ratio (30%) is considered satisfactory.
Reducing Debt: 0M1M's debt to equity ratio has increased from 73.1% to 81.3% over the past 5 years.
Debt Coverage: 0M1M's debt is not well covered by operating cash flow (1%).
Interest Coverage: 0M1M earns more interest than it pays, so coverage of interest payments is not a concern.