TietoEVRY Oyj Balance Sheet Health
Financial Health criteria checks 3/6
TietoEVRY Oyj has a total shareholder equity of €1.5B and total debt of €913.3M, which brings its debt-to-equity ratio to 62.2%. Its total assets and total liabilities are €3.3B and €1.8B respectively. TietoEVRY Oyj's EBIT is €252.0M making its interest coverage ratio 3.8. It has cash and short-term investments of €198.4M.
Key information
62.2%
Debt to equity ratio
€913.30m
Debt
| Interest coverage ratio | 3.8x |
| Cash | €198.40m |
| Equity | €1.47b |
| Total liabilities | €1.82b |
| Total assets | €3.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KG0's short term assets (€790.6M) do not cover its short term liabilities (€1.0B).
Long Term Liabilities: 0KG0's short term assets (€790.6M) exceed its long term liabilities (€783.4M).
Debt to Equity History and Analysis
Debt Level: 0KG0's net debt to equity ratio (48.7%) is considered high.
Reducing Debt: 0KG0's debt to equity ratio has increased from 58.7% to 62.2% over the past 5 years.
Debt Coverage: 0KG0's debt is well covered by operating cash flow (38.4%).
Interest Coverage: 0KG0's interest payments on its debt are well covered by EBIT (3.8x coverage).