Sanoma Oyj Balance Sheet Health
Financial Health criteria checks 2/6
Sanoma Oyj has a total shareholder equity of €731.2M and total debt of €614.5M, which brings its debt-to-equity ratio to 84%. Its total assets and total liabilities are €2.1B and €1.4B respectively. Sanoma Oyj's EBIT is €115.9M making its interest coverage ratio 3.6. It has cash and short-term investments of €29.9M.
Key information
84.0%
Debt to equity ratio
€614.50m
Debt
| Interest coverage ratio | 3.6x |
| Cash | €29.90m |
| Equity | €731.20m |
| Total liabilities | €1.39b |
| Total assets | €2.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SANOMH's short term assets (€382.5M) do not cover its short term liabilities (€805.3M).
Long Term Liabilities: SANOMH's short term assets (€382.5M) do not cover its long term liabilities (€580.6M).
Debt to Equity History and Analysis
Debt Level: SANOMH's net debt to equity ratio (80%) is considered high.
Reducing Debt: SANOMH's debt to equity ratio has increased from 72.4% to 84% over the past 5 years.
Debt Coverage: SANOMH's debt is well covered by operating cash flow (27.7%).
Interest Coverage: SANOMH's interest payments on its debt are well covered by EBIT (3.6x coverage).