Stora Enso Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Stora Enso Oyj has a total shareholder equity of €11.0B and total debt of €4.8B, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are €20.2B and €9.2B respectively. Stora Enso Oyj's EBIT is €356.0M making its interest coverage ratio 3.1. It has cash and short-term investments of €2.1B.
Key information
43.8%
Debt to equity ratio
€4.82b
Debt
| Interest coverage ratio | 3.1x |
| Cash | €2.08b |
| Equity | €11.01b |
| Total liabilities | €9.22b |
| Total assets | €20.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STEAVH's short term assets (€5.1B) exceed its short term liabilities (€3.4B).
Long Term Liabilities: STEAVH's short term assets (€5.1B) do not cover its long term liabilities (€5.9B).
Debt to Equity History and Analysis
Debt Level: STEAVH's net debt to equity ratio (24.9%) is considered satisfactory.
Reducing Debt: STEAVH's debt to equity ratio has reduced from 51.1% to 43.8% over the past 5 years.
Debt Coverage: STEAVH's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: STEAVH's interest payments on its debt are well covered by EBIT (3.1x coverage).