Stora Enso Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Stora Enso Oyj has a total shareholder equity of €11.7B and total debt of €3.8B, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are €20.3B and €8.6B respectively. Stora Enso Oyj's EBIT is €1.4B making its interest coverage ratio 15.3. It has cash and short-term investments of €1.3B.
Key information
32.9%
Debt to equity ratio
€3.83b
Debt
Interest coverage ratio | 15.3x |
Cash | €1.26b |
Equity | €11.66b |
Total liabilities | €8.63b |
Total assets | €20.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0M32's short term assets (€4.8B) exceed its short term liabilities (€4.0B).
Long Term Liabilities: 0M32's short term assets (€4.8B) exceed its long term liabilities (€4.6B).
Debt to Equity History and Analysis
Debt Level: 0M32's net debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: 0M32's debt to equity ratio has reduced from 49.6% to 32.9% over the past 5 years.
Debt Coverage: 0M32's debt is well covered by operating cash flow (37.9%).
Interest Coverage: 0M32's interest payments on its debt are well covered by EBIT (15.3x coverage).