Boreo Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Boreo Oyj has a total shareholder equity of €41.5M and total debt of €37.9M, which brings its debt-to-equity ratio to 91.3%. Its total assets and total liabilities are €121.5M and €80.0M respectively. Boreo Oyj's EBIT is €8.0M making its interest coverage ratio 13.3. It has cash and short-term investments of €10.8M.
Key information
91.3%
Debt to equity ratio
€37.90m
Debt
| Interest coverage ratio | 13.3x |
| Cash | €10.80m |
| Equity | €41.50m |
| Total liabilities | €80.00m |
| Total assets | €121.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MPF's short term assets (€69.4M) exceed its short term liabilities (€43.7M).
Long Term Liabilities: 0MPF's short term assets (€69.4M) exceed its long term liabilities (€36.3M).
Debt to Equity History and Analysis
Debt Level: 0MPF's net debt to equity ratio (65.3%) is considered high.
Reducing Debt: 0MPF's debt to equity ratio has increased from 10.2% to 91.3% over the past 5 years.
Debt Coverage: 0MPF's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: 0MPF's interest payments on its debt are well covered by EBIT (13.3x coverage).