Metsä Board Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Metsä Board Oyj has a total shareholder equity of €2.0B and total debt of €444.0M, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are €3.0B and €954.8M respectively. Metsä Board Oyj's EBIT is €118.8M making its interest coverage ratio 132. It has cash and short-term investments of €221.1M.
Key information
22.0%
Debt to equity ratio
€444.00m
Debt
| Interest coverage ratio | 132x |
| Cash | €221.10m |
| Equity | €2.01b |
| Total liabilities | €954.80m |
| Total assets | €2.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: METSBH's short term assets (€935.3M) exceed its short term liabilities (€382.3M).
Long Term Liabilities: METSBH's short term assets (€935.3M) exceed its long term liabilities (€572.5M).
Debt to Equity History and Analysis
Debt Level: METSBH's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: METSBH's debt to equity ratio has reduced from 36.8% to 22% over the past 5 years.
Debt Coverage: METSBH's debt is well covered by operating cash flow (65.1%).
Interest Coverage: METSBH's interest payments on its debt are well covered by EBIT (132x coverage).