Lindex Group Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Lindex Group Oyj has a total shareholder equity of €378.5M and total debt of €73.1M, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are €1.3B and €919.5M respectively. Lindex Group Oyj's EBIT is €50.5M making its interest coverage ratio 1.6. It has cash and short-term investments of €65.9M.
Key information
19.3%
Debt to equity ratio
€73.10m
Debt
| Interest coverage ratio | 1.6x |
| Cash | €65.90m |
| Equity | €378.50m |
| Total liabilities | €919.50m |
| Total assets | €1.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MW2's short term assets (€308.1M) exceed its short term liabilities (€273.9M).
Long Term Liabilities: 0MW2's short term assets (€308.1M) do not cover its long term liabilities (€645.6M).
Debt to Equity History and Analysis
Debt Level: 0MW2's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: 0MW2's debt to equity ratio has reduced from 60.4% to 19.3% over the past 5 years.
Debt Coverage: 0MW2's debt is well covered by operating cash flow (99.2%).
Interest Coverage: 0MW2's interest payments on its debt are not well covered by EBIT (1.6x coverage).