Citycon Oyj Balance Sheet Health
Financial Health criteria checks 2/6
Citycon Oyj has a total shareholder equity of €2.0B and total debt of €2.0B, which brings its debt-to-equity ratio to 99.8%. Its total assets and total liabilities are €4.4B and €2.4B respectively. Citycon Oyj's EBIT is €178.8M making its interest coverage ratio 2.5. It has cash and short-term investments of €98.8M.
Key information
99.8%
Debt to equity ratio
€2.00b
Debt
| Interest coverage ratio | 2.5x |
| Cash | €98.80m |
| Equity | €2.01b |
| Total liabilities | €2.38b |
| Total assets | €4.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTY1SH's short term assets (€506.4M) exceed its short term liabilities (€351.2M).
Long Term Liabilities: CTY1SH's short term assets (€506.4M) do not cover its long term liabilities (€2.0B).
Debt to Equity History and Analysis
Debt Level: CTY1SH's net debt to equity ratio (94.9%) is considered high.
Reducing Debt: CTY1SH's debt to equity ratio has reduced from 105% to 99.8% over the past 5 years.
Debt Coverage: CTY1SH's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: CTY1SH's interest payments on its debt are not well covered by EBIT (2.5x coverage).