Tokmanni Group Oyj Balance Sheet Health
Financial Health criteria checks 2/6
Tokmanni Group Oyj has a total shareholder equity of €265.4M and total debt of €868.5M, which brings its debt-to-equity ratio to 327.2%. Its total assets and total liabilities are €1.4B and €1.1B respectively. Tokmanni Group Oyj's EBIT is €93.0M making its interest coverage ratio 3. It has cash and short-term investments of €133.7M.
Key information
327.2%
Debt to equity ratio
€868.46m
Debt
Interest coverage ratio | 3x |
Cash | €133.69m |
Equity | €265.40m |
Total liabilities | €1.14b |
Total assets | €1.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RG2's short term assets (€510.2M) exceed its short term liabilities (€401.6M).
Long Term Liabilities: 0RG2's short term assets (€510.2M) do not cover its long term liabilities (€743.3M).
Debt to Equity History and Analysis
Debt Level: 0RG2's net debt to equity ratio (276.9%) is considered high.
Reducing Debt: 0RG2's debt to equity ratio has increased from 103% to 327.2% over the past 5 years.
Debt Coverage: 0RG2's debt is well covered by operating cash flow (25.4%).
Interest Coverage: 0RG2's interest payments on its debt are not well covered by EBIT (3x coverage).