Huhtamäki Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Huhtamäki Oyj has a total shareholder equity of €1.9B and total debt of €1.7B, which brings its debt-to-equity ratio to 86.8%. Its total assets and total liabilities are €4.8B and €2.9B respectively. Huhtamäki Oyj's EBIT is €276.5M making its interest coverage ratio 5.1. It has cash and short-term investments of €332.8M.
Key information
86.8%
Debt to equity ratio
€1.69b
Debt
Interest coverage ratio | 5.1x |
Cash | €332.80m |
Equity | €1.95b |
Total liabilities | €2.88b |
Total assets | €4.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HUH1VH's short term assets (€1.8B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: HUH1VH's short term assets (€1.8B) exceed its long term liabilities (€1.5B).
Debt to Equity History and Analysis
Debt Level: HUH1VH's net debt to equity ratio (69.7%) is considered high.
Reducing Debt: HUH1VH's debt to equity ratio has increased from 74.6% to 86.8% over the past 5 years.
Debt Coverage: HUH1VH's debt is well covered by operating cash flow (35.5%).
Interest Coverage: HUH1VH's interest payments on its debt are well covered by EBIT (5.1x coverage).