Alma Media Oyj Balance Sheet Health
Financial Health criteria checks 2/6
Alma Media Oyj has a total shareholder equity of €190.0M and total debt of €161.0M, which brings its debt-to-equity ratio to 84.7%. Its total assets and total liabilities are €502.6M and €312.6M respectively. Alma Media Oyj's EBIT is €84.6M making its interest coverage ratio 35.3. It has cash and short-term investments of €44.1M.
Key information
84.7%
Debt to equity ratio
€161.00m
Debt
| Interest coverage ratio | 35.3x |
| Cash | €44.10m |
| Equity | €190.00m |
| Total liabilities | €312.60m |
| Total assets | €502.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALMAH's short term assets (€78.7M) do not cover its short term liabilities (€100.4M).
Long Term Liabilities: ALMAH's short term assets (€78.7M) do not cover its long term liabilities (€212.2M).
Debt to Equity History and Analysis
Debt Level: ALMAH's net debt to equity ratio (61.5%) is considered high.
Reducing Debt: ALMAH's debt to equity ratio has increased from 43.8% to 84.7% over the past 5 years.
Debt Coverage: ALMAH's debt is well covered by operating cash flow (54.1%).
Interest Coverage: ALMAH's interest payments on its debt are well covered by EBIT (35.3x coverage).