Metsä Board Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Metsä Board Oyj has a total shareholder equity of €2.1B and total debt of €425.3M, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are €3.1B and €1.0B respectively.
Key information
20.7%
Debt to equity ratio
€425.30m
Debt
Interest coverage ratio | n/a |
Cash | €291.60m |
Equity | €2.05b |
Total liabilities | €1.00b |
Total assets | €3.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0O7A's short term assets (€974.7M) exceed its short term liabilities (€421.8M).
Long Term Liabilities: 0O7A's short term assets (€974.7M) exceed its long term liabilities (€580.7M).
Debt to Equity History and Analysis
Debt Level: 0O7A's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: 0O7A's debt to equity ratio has reduced from 33.2% to 20.7% over the past 5 years.
Debt Coverage: 0O7A's debt is well covered by operating cash flow (80.6%).
Interest Coverage: Insufficient data to determine if 0O7A's interest payments on its debt are well covered by EBIT.