Sanoma Oyj Balance Sheet Health
Financial Health criteria checks 1/6
Sanoma Oyj has a total shareholder equity of €799.4M and total debt of €550.8M, which brings its debt-to-equity ratio to 68.9%. Its total assets and total liabilities are €2.0B and €1.2B respectively. Sanoma Oyj's EBIT is €62.9M making its interest coverage ratio 2.2. It has cash and short-term investments of €65.9M.
Key information
68.9%
Debt to equity ratio
€550.80m
Debt
Interest coverage ratio | 2.2x |
Cash | €65.90m |
Equity | €799.40m |
Total liabilities | €1.24b |
Total assets | €2.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JLQ's short term assets (€273.2M) do not cover its short term liabilities (€738.3M).
Long Term Liabilities: 0JLQ's short term assets (€273.2M) do not cover its long term liabilities (€498.9M).
Debt to Equity History and Analysis
Debt Level: 0JLQ's net debt to equity ratio (60.7%) is considered high.
Reducing Debt: 0JLQ's debt to equity ratio has increased from 58% to 68.9% over the past 5 years.
Debt Coverage: 0JLQ's debt is well covered by operating cash flow (26.9%).
Interest Coverage: 0JLQ's interest payments on its debt are not well covered by EBIT (2.2x coverage).