Outokumpu Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Outokumpu Oyj has a total shareholder equity of €3.8B and total debt of €414.0M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are €5.9B and €2.1B respectively. Outokumpu Oyj's EBIT is €9.0M making its interest coverage ratio 0.2. It has cash and short-term investments of €425.0M.
Key information
11.0%
Debt to equity ratio
€414.00m
Debt
Interest coverage ratio | 0.2x |
Cash | €425.00m |
Equity | €3.76b |
Total liabilities | €2.12b |
Total assets | €5.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OUT1VH's short term assets (€2.7B) exceed its short term liabilities (€1.4B).
Long Term Liabilities: OUT1VH's short term assets (€2.7B) exceed its long term liabilities (€690.0M).
Debt to Equity History and Analysis
Debt Level: OUT1VH has more cash than its total debt.
Reducing Debt: OUT1VH's debt to equity ratio has reduced from 56.6% to 11% over the past 5 years.
Debt Coverage: OUT1VH's debt is well covered by operating cash flow (69.8%).
Interest Coverage: OUT1VH's interest payments on its debt are not well covered by EBIT (0.2x coverage).