Bittium Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Bittium Oyj has a total shareholder equity of €107.6M and total debt of €20.0M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are €157.7M and €50.1M respectively.
Key information
18.6%
Debt to equity ratio
€20.00m
Debt
Interest coverage ratio | n/a |
Cash | €8.33m |
Equity | €107.59m |
Total liabilities | €50.07m |
Total assets | €157.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JG5's short term assets (€73.1M) exceed its short term liabilities (€48.3M).
Long Term Liabilities: 0JG5's short term assets (€73.1M) exceed its long term liabilities (€1.8M).
Debt to Equity History and Analysis
Debt Level: 0JG5's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: 0JG5's debt to equity ratio has increased from 0% to 18.6% over the past 5 years.
Debt Coverage: 0JG5's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: Insufficient data to determine if 0JG5's interest payments on its debt are well covered by EBIT.