Rovio Entertainment Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Rovio Entertainment Oyj has a total shareholder equity of €233.4M and total debt of €100.0K, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are €288.5M and €55.1M respectively. Rovio Entertainment Oyj's EBIT is €37.2M making its interest coverage ratio -28.3. It has cash and short-term investments of €158.8M.
Key information
0.04%
Debt to equity ratio
€100.00k
Debt
| Interest coverage ratio | -28.3x |
| Cash | €158.80m |
| Equity | €233.40m |
| Total liabilities | €55.10m |
| Total assets | €288.50m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROVIOH's short term assets (€200.9M) exceed its short term liabilities (€37.2M).
Long Term Liabilities: ROVIOH's short term assets (€200.9M) exceed its long term liabilities (€17.9M).
Debt to Equity History and Analysis
Debt Level: ROVIOH has more cash than its total debt.
Reducing Debt: ROVIOH's debt to equity ratio has reduced from 2% to 0.04% over the past 5 years.
Debt Coverage: ROVIOH's debt is well covered by operating cash flow (27130%).
Interest Coverage: ROVIOH earns more interest than it pays, so coverage of interest payments is not a concern.