Kemira Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Kemira Oyj has a total shareholder equity of €1.6B and total debt of €820.8M, which brings its debt-to-equity ratio to 51.2%. Its total assets and total liabilities are €3.4B and €1.8B respectively. Kemira Oyj's EBIT is €314.0M making its interest coverage ratio 10.5. It has cash and short-term investments of €572.2M.
Key information
51.2%
Debt to equity ratio
€820.80m
Debt
Interest coverage ratio | 10.5x |
Cash | €572.20m |
Equity | €1.60b |
Total liabilities | €1.81b |
Total assets | €3.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MGG's short term assets (€1.4B) exceed its short term liabilities (€1.1B).
Long Term Liabilities: 0MGG's short term assets (€1.4B) exceed its long term liabilities (€675.6M).
Debt to Equity History and Analysis
Debt Level: 0MGG's net debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: 0MGG's debt to equity ratio has reduced from 81.2% to 51.2% over the past 5 years.
Debt Coverage: 0MGG's debt is well covered by operating cash flow (66.6%).
Interest Coverage: 0MGG's interest payments on its debt are well covered by EBIT (10.5x coverage).