Citycon Oyj Balance Sheet Health
Financial Health criteria checks 2/6
Citycon Oyj has a total shareholder equity of €2.1B and total debt of €2.0B, which brings its debt-to-equity ratio to 98%. Its total assets and total liabilities are €4.5B and €2.4B respectively. Citycon Oyj's EBIT is €164.1M making its interest coverage ratio 3. It has cash and short-term investments of €49.1M.
Key information
98.0%
Debt to equity ratio
€2.01b
Debt
| Interest coverage ratio | 3x |
| Cash | €49.10m |
| Equity | €2.05b |
| Total liabilities | €2.41b |
| Total assets | €4.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTY1SH's short term assets (€398.7M) exceed its short term liabilities (€161.1M).
Long Term Liabilities: CTY1SH's short term assets (€398.7M) do not cover its long term liabilities (€2.2B).
Debt to Equity History and Analysis
Debt Level: CTY1SH's net debt to equity ratio (95.6%) is considered high.
Reducing Debt: CTY1SH's debt to equity ratio has reduced from 102.5% to 98% over the past 5 years.
Debt Coverage: CTY1SH's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: CTY1SH's interest payments on its debt are not well covered by EBIT (3x coverage).